In the steel sector now dominated by selling on the background of reducing the cost of industrial metals
Start a new working week on Russian trading floors marked decline in the stock indicators. This external news background was moderately negative. Internal factors that influence the dynamics of the bidding also were mixed. First, it is worth noting statements of Gazprom IFRS for 9 months of 2009. Net income indeed decreased, but the figures were better than market expectations, which supported the securities of Gazprom, one of the few that were traded in the positive zone. Also look better than the market shares of the telecommunications sector, which appears to be related to the upcoming meeting of the Coordinating Council of Svyazinvest, which would discuss the methodology of calculation of exchange of shares of Rostelecom shares of interregional communication companies. The worst of the market looked like the paper oil and gas sector, with the greatest decline was led by Rosneft and Gazpromneft. In the steel sector is also dominated the sale against the backdrop of reducing the cost of industrial metals. The exceptions were shares of Severstal, which bargained with the positive dynamics.
The situation on Russian trading floors in the first place depends on the vagaries of international markets, where it is more common negative. But it was also worth noting that the rate of decline in Russian indicators remain low - in the negative investor sentiment prevails, but rather restrained. With the advent of the positive trends players to resume buying.
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The U.S. economy grew
Forex - in the European session
Bidding on the market place against a background of high volatility, the leaders reduction Rosneft and Gazprom Neft
The market remained "bullish" idea: "Gazprom jumped inside the day up to 2.5% on the results of financial statements for the III quarter 2009
Now on the market, the weak position of Russia in securities NLMK, they look worse than their steel counterparts
In 2009 RusHydro sent 8.5 billion rubles in technical renovation and reconstruction of the generating facilities
In the 4 th quarter of 2009, Mechel cut coal production by 4% to 5.434 million tons
Net profit of Rosneft on US GAAP for 2009 decreased by 36% to $ 6.514 billion
Overview of the market of precious metals for 29.01.10
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