Russia on Tuesday the market has experienced volatile trading session. Most of the day the indices stayed in the red zone. It was promoted by way of adverse makrostatistiki Eurozone and Germany. Although high oil prices, up to $ 74 per barrel., Kept volatility within 1,5%. The peak of the same intensity fell at the end of trading, the opening session of the United States. The maximum decrease in the indices exceed 3%, however, closed the indicators change -2.7% in MICEX (above 1300 points) and about 2% in the RTS (1400 points).

most affected shares VTB and Rosneft (-5%), paper Sberbank fell 3.6%. Gazprom has refrained from sharp decline in quotations (-1.3%). Unexpectedly, proved to be the action of electric power companies: shares RusHydro risen by 4%. Ayer media quoted informed sources reported that O. Deripaska of Rusal person sent a letter to Prime Minister Vladimir Putin with a proposal to divide RusHydro to four companies in the reconstruction, in addition, Deripaska also proposes to allow Rusal, as largest consumer SSHGES, enter in its share capital. Analysts argue that rising stock prices of most energoemitentov biased and offer to fix profits at current levels.

European indexes closed lower on average by 1%. The American market opened in the red, but the results of the auctions indices showed OPPOSITE change near zero. Support was provided by the reporting company Johnson Johnson, which is up to the III kV. was better than analysts' expectations. Asian markets at today's auctions have grown substantially (to more than 2% in China Shanghai Comp.), Index Nikkei - -0,05%. U.S. futures indices show growth of 1%. Crude oil futures also went up by 1%, to nearly $ 75 per barrel. Brent. We expect the market opening and positive zone.

Further market dynamics to determine the actions of major players of non-resident. Their behavior today will directly depend on the presence of long-term strategy in Russia. High stock prices will provoke them to sink - if the speculative capital. In that case, if it comes to a global reassessment of Russian stocks, this strategy will be reinforced in the current positive conditions.

Now comes the important macro block, API will publish data on stocks. Analysts expect growth of oil reserves at 700,000 barrels. after an unexpected decline last week. JPMorgan Chase Co. publish a report on income in the third quarter.

log and evaluate the material;;

2; user rated material on 3,5.


Analyst Ratings


Kommersant: Tax Administration has prepared a verification mechanism for the payment of VAT
Kommersant: Naftogaz has received in the management of five CHP
European indexes falling on Tuesday because of falling confidence in Germany
The Ukrainian stock market on Tuesday adjusted downwards
Most Russian papers are no longer looks attractive from the standpoint of fundamental evaluation
As leaders of growth today will be the paper of oil and gas and mining companies
Probability updating highs on the U.S. market and oil could trigger a sharp rise in quotations of blue chips and in Russia
Even with further correction of the paper second tier can now continue to rise
Another of the correction may become standard in 1239 points on the MICEX Index

This entry was posted on Wednesday, October 14th, 2009 at 10:23 am.
Categories: News and Comments.

No Comments, Comment or Ping

Reply to “The dynamics of the market determine what the non-resident players, their behavior will depend on the presence of long-term strategy in Russia”