Market Analysis

 
 
  23.07.09 12:51 ;
  The Russian stock market opened higher prices and the MICEX index gained 1.7 per minute%, RTS index rose by 1.1%. By 12.40 Moscow time the MICEX index rose by 2.38% and again crossed the mark of 1004.09 item, RTS index rose 1.47% to 977.17 points. The volume of trades on the MICEX SE is $ 2, 076.77 million

In the best performing shares of steel and oil companies: IMC (5.8%), NLMK (4,42%), «Rosneft» (3,46%), «Surgutneftegaz» (2,69%), « LUKOIL »(2,48%).

European stock indices in early trading Thursday, rising against the backdrop of good corporate reporting, but by noon There is a small correction. FTSE index fell by 0.1% to 4489.05 point, the index DAX fell 0.02% to 5,120.50 point, CAC 40 index was 3301.91 points (-0.096%). Futures for the SP increased by 0.263% and is at the level of 951.9 points.

By 12.40 Moscow time ADRs in the Russian equities in London (in dollars per share) were: «LUKOIL» - 48,6, «NorNikel» - 99,2, «Rosneft» - 5,88, «Rostelecom» -- 5,025, «Gazprom» - 5,185.

By 12.40 Moscow time the September futures on oil brand Brent traded at around $ 67.3 per barrel, Light - $ 65,44 per barrel.

At the appointed time on the MICEX to the dollar gives 31.1 rubles for one euro - 44,32 rubles. Thus, the value of a basket bivalyutnoy declined and now amounts to 37.09 rubles. By 12:40 Moscow time the euro /dollar is at a level of 1,424.

From the Russian news worth noting published data on the volume of international reserves of the Russian Federation as at 17 July 2009. Their amount in the week fell to $ 398.1 billion

Today, once again, will have a lot of corporate reporting in the U.S.. The opening bid will report to the NYSE Ford Motor, PhilipMorris (both of 15.00 Moscow time), AT T (16.00 Moscow time), and McDonald s. At 12.30 GMT in the United States will be data on the number of primary applications for unemployment benefits (Initial Jobless Claims), and 14.00 GMT - data on housing sales in the secondary market (Existing Home Sales).

After yesterday's correction date will be positive for the Russian stock market. «Support will rising oil prices and futures on U.S. indices. The focus today will be reporting leading companies », - analysts believe IR Maxwell Capital.

«The most vulnerable position today would be a holder of our banks. Day, most likely, in our markets will dominate the dynamics of motion vyalaya quotations because all attention will be drawn to the weekly treatment for unemployment benefits in the United States, as well as the June figures on sales in the secondary market (forecast: 0.6% m /m, 4.80 million) », - believes Potavin Alexander, chief analyst of the infrared ITinvest .

«Domestic indexes today are likely to be able to compensate for the loss of yesterday's trading day. MICEX index could test the line in section 1000 and the growth may continue tomorrow. Among the potential leaders of growth is to provide the paper commodity companies: Lukoil, Rosneft, Surgutneftegaz », - noted Vasily Konuzin, the head of the analytical control IFK Alemar.
  

    Source:
   
    
   
  

 

Obama supports 49% of American investors and 87% of foreign
The country will be savory?
Forex Asia
Today, to make adjustments to the dynamics of markets can be corporate accountability Microsoft, Credit Suisse Group, AT T
Conference on-line: ruble: bypassed without devaluation?
Rollback the MICEX index to the level of 960-950 points will provide an opportunity to continue growing with a more comfortable level
Futures on the RTS index in the morning was able to penetrate the downstream channel
Gold futures continued to consolidate in the region of maxima
In the short-term growth potential of the securities TGK-9 is limited

Main News