By 11:25 Moscow time, Russia's stock index slightly reduced: RTS (-0,26%), MICEX (-0.34%), which opened near yesterday's close. English FTSE grows up to 0,36%, French CAS40 adds 0,27%.

pessimism players on the opening contributed to yesterday's close of U.S. indexes in negative zone. Dow Jones closed at 10,041.48 mark on, a decline of 0,5%, S P500 was 1091.06 p. (-0.62%).

The oil market on Wednesday, prices slightly adjusted. Price nearest futures contract for WTI crude oil is 78.97 dollars /barrel (-0.19%).

Russia's blue chips show differently directed dynamics. Quotes of the most liquid shares on MICEX are: Gazprom - 195.2 USD (-0.63%), Lukoil - 1909 RUR (-0.58%), Rosneft - 245.7 USD (-0.58%), Norilsk Nickel - 4160 RUR (-0.14%), Sberbank - 68.5 USD (-0.77%), VTB - 0,065 rubles (-0.61%), RusHydro - 1,13 rubles (0.0%), .

Among the recent important publications single out the following:

According to a draft budget for remediation of the Sayan-Shushenskaya power plant, Power Machines will receive an order for production and restoration of 10 generating units at 20.3 billion rubles. Nevertheless, we estimate that this order has already been considered in the current market quotations.

addition, the company may get straight to the building and construction, which will increase its portfolio by another 6.1 billion rubles (about 5%).

According to our estimates, the estimated fair value of 1 ordinary share of Power Machines is $ 0.22, which implies upside potential of 16%, recommendation - Keep.

Further dynamics of Russian sites will be determined by several factors, foremost of which will be oil prices. Also significant will be the impact dynamics of U.S. and Chinese stock indexes. Many of Russia's blue chips up against a strong resistance levels, and prices for black gold could not overcome the level of 80 dollars /barrel, so it is advisable to be careful with the opening of long positions. Although the prerequisites for a deep correction at the moment either. It is important to note that coming to the end of the reporting period, U.S. corporations, which can cause profit-taking players, because all the positive news is already built into the current quotes.

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