>

The players still do not believe that the correction in the Russian market would be great

Jun 21st, 2009 | By admin | Category: News and Comments

Russian stock market on Wednesday fell sharply again on Wednesday. Correction of the market has already becomes a serious fall, after the tumultuous spring rally, along with global stock and commodity markets. By the end of auctions RTS index fell by 4.05% and the MICEX index - on 5,46%. The drop occurred across the spectrum of liquid securities. In addition increased the volume of trades.

Shares of Gazprom fell by more than 8%. Additional pressure on the shares had news that the Ministry of Finance proposes to increase the rate NDPI gas next year. Shares GMK Norilsk Nickel fell by 7.5%, Sberbank - by 6.6%, Rosneft - at 5.7%, LUKOIL - by 4.3%, VTB - at 5.7%.

Former leaders of the second tier of growth stocks - and Uralkali Raspadskiy - fell by almost 11%. However. The players still do not believe that the correction of a serious go.

levels of resistance and support for today, June 18

Term contract for the RTS index of execution in September:

The level of support for today - 103 500 (99 800).

Level Resistance - 104 400 (109 400).

RTS

- support 990 (960);

- Resistance 1046 (1090).

GAZPROM

- Support 155r.;

- resistance 164r.; 171r.

GMKNN

- Support 2760r.;

- resistance 3150r.; 3200r.

Company

- Support 1500r.; 1460r.;

- resistance 1570r.; 1620r.

Rostelekom

- Support 174r.;

- resistance 204r.; 215r.

Rosneft

- Support 172r.; 161r.;

- resistance 184r.; 192r.

bank on.

- support 40.60r.; 35.20r.;

- 44.00r resistance.; 46.80r.

Sberbank Ave

- support 26.70r.; 23.0r.;

- 28.50r resistance.; 22.70r.

Surgutneftegas

- support 23.60r.; 23.00r.;

- 24.80r resistance.; 26.00r.

Authorize and appreciate the story;;

3 users rated material 4.


Analyst Ratings


For the shares of Gazprom became important resistance 165 rubles
The picture outside the background slightly spoils the negative trend in Asian markets
The nature of the next trading sessions will be similar to earlier: the dramatic failure, and then attempts to stabilize and rebound up
Corrective mood in the Russian market is still very strong
The morning of the domestic market will show growth in the future, perhaps reducing stock quotes
MICEX Index in the coming weeks could go down to the marks, paragraphs 950-960
Magic 1100 points on the MICEX index remained behind, now turned into a strong resistance level
Submit news pessimism that agency Standard Poor s has taken negative rating actions in respect of 11 Russian Banks
The Russian stock market today may again go down

Leave Comment

You must be logged in to post a comment.