Market Analysis

In Russia market bearish sentiment prevailed, supported by external background. Oil quotes are falling, as well as indicators for the stock exchanges in Europe and Asia. It is not good reporting encouraged American companies. Players with fears about the future, which seems so far does not bode well. This Greek problem, and not very encouraging statistics, and the expectation of changing the course of monetary policy in China and the United States.

their fears, uncertainty and fears of market participants realized in the form of sales, without making any exceptions for a relatively prosperous banking sector, no less attractive for other economic sectors. As a result, stock indexes, slowly but surely moving towards the Limits of Pre-New Year, which apparently is not the limit. The worst rates are found on the shares of oil and gas sector,fa3in particular, on shares of Rosneft, Surgutneftegaz, Gazpromneft and Gazprom. A little less than the failed results demonstrate Paper Polymetal and Norilsk Nickel.

seems to downward trends in the market may be continued in the near future. Participants are set to sell. The market is very weak and there are many prerequisites for a worsening situation.

Course currency basket to the ruble on Tuesday rose by 0.52% to 35.913 rubles
MICEX index compared with the value at closing of the previous trading day decreased by 1.998%
Reducing Russia"s stock market will soon end
In 2009 inflation in Russia is 6 times higher than the growth in consumer prices in Europe
In 2010, FGC UES will begin construction of seven facilities in the Far East
NBU notes the failure of several banks" plans to increase capital in 2009
If tomorrow the statistics from the U.S. will be positive, Russia"s stock exchanges will continue to move upwards
As a result of trading the MICEX index lost 2.19%, ending the day at 1,384.79 points
Until the end of this week the market of Russia will consolidate in the region of 1 400 points mark for the MICEX

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