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The financial statements of banks and U.S. companies can provide additional support for the Russian stock market

Jul 16th, 2009 | By admin | Category: News and Comments

Growth, which opened in the Russian market, quickly came to nothing. The situation has changed in the opposite direction - stock indicators went down, quotes the most liquid shares also began to fall. However, the negative trend observed not in all events, such as better market looked Paper Gazprom, which did not prevent growth, even decline in oil quotes, which, in turn, promote the sale of securities in Lukoil. A recent leader - Nornikel also not escaped the drop, which can be viewed as acorrection to the explosive growth occurring in the last three days. Shares of banking segment primarily located in the black, additional support for the banking sector had a financial report issued by JPMorgan Chase, which has better prognosis.

Throughout the day, the situation on the trading floors have been changed: in the direction of growth, then in the fall. In doing so, the activity of players is still low. Some recovery in the course of the trading brought on the labor market in the United States. The figures were better than forecasts, but this information was to play fast, and the resurgence of interest ugas again. Rather, such an outbreak in the market will be repeated at regular intervals under the influence of macroeconomic statistics, and financial reporting of banks and companies. In general, we believe that accountability, which has already emerged and will be released in the near future, may provide additional support for the Russian stock market.

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