Market Analysis

 
  
 
 
  29.12.09 13:04 ;
 

Today, Russia"s stock market opened with a small gepom up. Positive attitude contributes to the positive dynamics of quotations on the world sites and increasing cost of oil futures. However, noticeable absence of major players, thus leading indices show little change. By 12:40 Moscow time the MICEX index rose to a mark of 1363.97 points, adding 0,18%, RTS index reached 1447.82 points (-0.26%). On FORTS the March futures on the RTS index in the red at 0.58% and amounts to 145,455 points.

By 12.40 Moscow time, the February futures for Brent crude traded at $ 77.6 per barrel, Light - $ 79 per barrel. The growth of quotations on the market of "black gold" has supported the oil sector: "LUKOIL" adds 0.84%, Surgutneftegaz - 0,02%, Gazprom Neft - 0.25%.

metal market dynamics observed different directions. Stock quotes Russian metallurgical companies are also moving raznonarpravlenno: MMC Norilsk Nickel (0,97%), NLMK (0,3%), Polyus Gold (- 0,14%), Severstal (1,02%).

Papers banking sector are in the red: Sberbank (-0.55%), VTB (-0,29%). "Pref" "Sberbank lost almost 3%. The pressure on the banking sector, as experts note, in addition to the main market trends, provides yet another rally of the dollar against the ruble.

The leaders of growth stocks in today "Sollers" (4,81%) on the background information about the opening of the automobile plant in the Far East. Continues to grow in the papers of "Aeroflot" (3,54%). Shares of Pharmacy Chain 36.6 (-3.16%) adjusted after the rapid growth of the previous day.

European stocks traded in the moderate plus. The FTSE rose 0.4% and amounts to 5,424.04 points, DAX index added 0.13% and amounts to 6,010.87 points, the CAC 40 index - 3957.88 points (0.27%). By 12.30 Moscow time, Russia"s ADRs for shares in London (in dollars per share) are: Lukoil - 57.1, Norilsk Nickel - 142.6, Rosneft - 8.48, "Rostelecom" - 5.055, Gazprom - 6.14.

Futures on SP is growing at 0.14% and is at the level of 1124.7 points.

By 12:30 Moscow time the euro /dollar is at 1.443. Today, the MICEX for one dollar give 29.89 rubles for one euro - 43,08 rubles. Thus, the value of currency basket now represents 35,8 rubles (yesterday, on the basis of bidding price of currency basket was 35.6 rubles).

"Before the end of the year is 2 more full trading session on Russia"s stock market. So, if commodity markets do not disappoint, the chances of establishing new highs on Russia"s stock market still exist. In this case, we are continuing to bet on shares of oil and gas companies . Although the market for a week as a pre-holiday, with low trading activity and reduced volatility. In such circumstances, it becomes easier to speculators "racing" quotes illiquid shares of the companies" second-tier "- said Stanislav Kleshchev, an analyst at VTB 24.

of the important events of today can be noted at 18-00 Moscow time the publication of data on consumer confidence in the U.S..

  

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Russia"s indexes decrease in the minimum volume of trades, recovery in the course of the session can make a statistic data published from the United States
Forecasts of analysts: a mixed opening today is expected to Russian sites, the beginning of the session will be volatile
Russia"s indexes on thed8ebasis of trading Tuesday closed raznonapravlenno, significant changes before the end of the year is not expected
The Putin government is ready to close Russia for speculative capital
Forecasts of analysts: Russia"s indexes will remain in the "Comma delimited with", but not eliminated short-term movements in certain less liquid securities
On Monday the purchase of Russian stock markets were supported by high oil prices, tomorrow dynamics can also be positive
After a positive opening of Russia"s indexes treading water in anticipation of new ideas
Forecasts of analysts: Today, players can take advantage of favorable commodity market conditions and to try to disperse the market for the New Year
Over the past few days, the domestic exchanges will grow slightly on low volumes

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