Market Analysis

MICEX index during the first half of today's trading session tested for penetration of short-term uptrend, which observed the positive dynamics of several months. In the case of penetration of this market trend may show a further decrease to the nearest support the order of 5-6%. However, while penetration has occurred and by improving the situation on the European sites market shares in Russia even managed to show positive momentum in the afternoon. Among the obvious favorites can allocate shares VTB and Surgutneftegaz. In the second echelon demand observed at a number of companies the automotive sector: Kamaz, Sollers. Saved on interest in shares of the Group of PIC and other construction companies after the information on Friday about the possible future state guarantees to companies in the sector.

U.S. stock indexes ended lower on Friday the 3rd consecutive session. The technical picture for the SP 500 index, a rather alarming: about the level of 1,040 points held up trend, which was formed in July this year, penetration of this trend could further downward movement on the U.S. stock market, which in turn affect other major world stock exchanges. First, today's trading session in the United States experienced significant growth primarily due to increased activity in the area of transactions MA among American companies.

In the Asian trading session worse than the others showed the dynamics of Japanese stock market. Reason for this is it, above all, the rapid strengthening of the yen. According to the senior management of Toyota for the company's critical ratio USD /JPY below level 90. Accordingly, a similar situation is possible and in other export-oriented Japanese companies.

This week will be rich in many important statistical data on the U.S. economy. Only now fairly modest on macroeconomic developments.

FGI: Nitrogen-Service has the full right to participate in the privatization of IPF
Forex - in the European session
Course currency basket to the ruble fell by 0,14% and amounted to 36,4 rubles
As of 18:00 Moscow time the volume of trading on the MICEX Stock Exchange amounted to 126.73 billion rubles
The acts of NLMK now evident very solid trading volume
The end of the year is expected to increase in oil prices to $ 93 per barrel
UK Treasury will require the abolition of automatic bonuses for bankers
In the absence of important statistics on the market of Russia there was listless and inert dynamics of trades
The greatest growth today was led by banking and oil and gas sectors

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