Financial News and Economical Crisis

 
  
 
 
  14.01.10 13:14 ;
 

today on a positive external background in the form of upward trends in global trading platforms Russia began with the growth. Gap at the opening of more than 1% on the MICEX index. In the future, with the opening of European trading in the Green Zone, the growth of Russian indices continued.

By 13.00 Moscow time RTS index adds 1,37% and amounts to 1559.5 points and the MICEX index rising to 1.13% and amounts to 1451.23 points. Thus, Russia”s indexes have come close to the new local maximum.

By this time, ADRs for shares in London, Russia (in dollars per share) are: “LUKOIL” - 58.2 “Norilsk Nickel” - 163,6, “Rosneft” - 9,25, “Rostelecom” — 4,908, “Gazprom” - 6,505.

The leaders of growth in the first hours of trading shares were RusHydro, added more than 3%.

Against the background of positive dynamics of metals on the LME feel better market shares metallurgical sector. According to the analyst IFC Alemar Basil Konuzin, among the most promising stocks for today - Paper Norilsk Nickel, especially when you consider that nickel prices surged yesterday on the 3%. By the present moment the company”s stock is added 2,82%.

Positive dynamics is observed in the banking sector: VTB shares becoming more expensive at 1.21%, shares of Sberbank “- on 1,19%.

worst market today looks the oil sector against the backdrop of weak oil prices, as well as shares of Polyus Gold “(-0.17%) because of the stalled growth of quotations on precious metal.

Papers Mechel, Raspadskaya, Severstal today went up by 7,8%, 5,37% and 7,33% respectively. “The driving forces behind the positive trend on the stock exchanges of Russia once again made of paper and metal mining companies, supported by a statistics, coming from the world market of steel and coal, as well as information on improving the Merrill Lynch-BofA predictive value of company shares Russia”s steel sector 30-100 % “, - said the chief economist UK” Finam Management “Alexander Osin.

ruble to the dollar and the currency basket on MICEX today is 29.47 and 35.44 rubles. According to Alexander Aspen, technical factors, as well as information from external markets may still be in the near term limit the strengthening of the Russia”s currency on FX. “As for the ruble, even despite the extremely low rates of MBC, the shortage of cash following a long weekend (as evidenced by the selling in the currency exchange offices), and replenishment of importing pre-New year, after sales, we have not seen the growth of the dollar after the holidays. Given that ruble is undervalued relative to other currencies, 5-10%, we expect this quarter to strengthen the national currency to the level of 28 rubles. for the dollar “, - said Alexander Dem”yanovich.

growth indices, according to most analysts, this will continue. While he is constrained by the expectations of the evening makrostatistiki, as well as representatives of the ECB”s comments after the meeting, which will begin at 15.45 Moscow time. In his speech, head of the organization, Jean-Claude Trichet may be voiced plans to tighten monetary policy in the euro area.

By 13.00 Moscow time the March futures for Brent crude traded at $ 79.29 per barrel, Light - $ 80,62 per barrel.

  

   Source:
   
    
   
  

 

“Apatite” and “Iberian mineral fertilizers” have agreed on deliveries of apatite concentrate in 2010-2011
Gazprom and the Government of the Leningrad region have identified the main directions of cooperation in 2010
As a result of Mond90day Russia”s indexes reached new highs, tomorrow the market may dominate corrective mood
Forecasts of analysts: After a sharp rise of indices on the eve of Russian players can now start to record profit
Russia”s indexes slightly adjusted to yesterday”s growth, but the situation remains upbeat
Bidding on Tuesday passed under the sign of correction, the background on the whole remains neutral
Forecasts of analysts: Reducing Russian indexes at the opening may continue
Russia”s indices closed positive, tomorrow, market participants will pay attention to the outcome of the ECB meeting
Forecasts of analysts: On Thursday, Russia”s stock market will pick up to a peak with the beginning of the year, which will wait for convincing signals for the continuation of “rally”