As leaders of growth on the basis of the day were shares of “Gazprom” and “InterRAO”, adding more than 2%
Statistics said "up"
Today, trading on the Russian sites have opened lower quotations. In the first half-hour trading the MICEX index reached a level of 1,390 points. The subsequent recovery attempt failed, after the indices in the plus, the market returned to this level. To change this situation could yield data on U.S. gross domestic product (GDP, the fact of 5,7%, expected 4.7%) for the fourth quarter that proved better than expected, and allowed the market to begin the upward momentum and at the end of the day to go in the plus. As leaders of the growth of Gazprom and InterRAO, adding more than 2%. On the negative territory closed Surgutneftegaz (-1.5%) and Polyus Gold (-0.5%). As a result of trading the MICEX index added 0.9%, ending the day at 1,419.25 points.
In the first half of trading the main task of "bulls" were holding the level of 1390 points, with which they coped. By holding a bridgehead to yield data, they were able to use the positive macroeconomic statistics for the beginning of upward movement, which allowed them to withdraw Russian paper quotes a plus. However, except for data on U.S. gross domestic product, support came also from the rest of the statistics, which also supported the purchase. The following week, in the case of maintaining an information background, "bulls" can confirm today"s motion breakdown level 1420, which is the previous local peak. If this happens, the immediate aim of growth can be seen the level of 1450 on the MICEX index.
| log in and see the material;;
3; user rated material at 3. |
Analyst Ratings |
Forex on the European session
Bounce up, which enabled Russia to complete the auction index on Friday in the Green Zone, and may continue next week
Asha MOH plans to complete the modernization of steel capacity and begin to hot testing of new equipment
Status of Russia"s total oversold market buyers returned to the bourses
At mid-day trading took place in the red zone in small volumes, but after the release of data on U.S. GDP Russia"s market has grown and left in plus
In 2009, the S7 Group ranked second in Russia by the number of passengers
Igor Sechin: The fifth and sixth hydroeld26ectric SSHGES will be launched in the 1 st quarter, their training is in full mode
Viktor Yanukovych intends to offer Russia, Europe and Ukraine to create a gas transportation consortium
USA: GDP growth is not even helped to support a full-fledged rally
Leave a Reply