Market Analysis

Year of the Ox is not finished

Today, trading on Russia"s market opened with "gepom" up, after which growth continued. After the long holidays, the players began to win back foreign background, which was formed during the Christmas holidays on external sites. This enabled the MICEX index in the first half of the day to add about 5.8% to reach the level of 1450 points. As leaders of the growth of Norilsk Nickel and VTB be added 10,5% and 7,2% respectively. Despite good growth in energy prices, oil and gas sector is to equal to the market. An exception to the overall positive dynamics of the amount of paper Rostelecom (-1.5%) and Sibirtelecom (-0.7%).

External background allowed "bulls" to take the initiative in their hands and lead the market higher levels of highs last year. In this case, only the middle of the day when the market tried to surpass 1,450 points, there has been a slight predominance of sales related to profit-taking on long positions, which holds the MICEX index at this level. It is worth noting grew up trading volumes, which in the last ten days of December left much to be desired. Today, most likely, the market will continue to trade at current levels. Players quickly brought our values in line with the external background, not giving in this play the short-term speculators in the high volatility. If we talk about the immediate prospects, the current "bullish" sentiment may be supported by the reporting season of Amerf07ican companies, which today, after trading in U.S. markets, offers of Alcoa. If the expectations of good results from leading U.S. companies are correct, then the Bulls until the end of the year, which ends on February 14, the markets continue to show growth.

Today"s leaders and growth, and trading volume knocked out by action Uralkali
"Finam" raised the assessment of shares of Wimm-Bill-Dann
Quotations of "black gold" steadily moving up on the anomalous cold in the U.S. and Europe
The greatest interest of buyers is concentrated in stocks in metallurgical engineering: more than 10% gain weight paper Severstal, MMK and Norilsk Nickel
Domestic production in the U.S. have become the main driver of growth of U.S. stock indices
Russia"s oligarchs are queuing for the London listings
Until the end of the session, Russia"s stock market may make another attempt to reach the daily maximum
During the period from 28 to 31 December 2009 the ld40eaders of the negative impact on RTS Index became shares of Gazprom, Rosneft and LUKoil
Deputy Minister of Finance Savchenko considers unreasonable interference with the strengthening of the hryvnia exchange rate of the NBU

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