Market Analysis

Dynamics of Russian trading remains volatile. On the one hand the positive factors as a declining dollar, rising oil prices and strengthened the ruble provide support to the market, on the other - be wary and waiting for the correction does not only allow you to keep buying.

For example, at the opening of trading there is a very dynamic growth of a broad sector blue chips, which looked the most attractive securities banking and oil and gas sector. Subsequently, however, high activity customers gradually began to be reversed, and the resulting values of stock indices retreated almost to the levels of closure of the previous trading session.

In addition to the correction concerns the desire to take profits was supported not too optimistic statistics from the United States. Thus, the index of producer prices in September fell by 0.6%, it was expected that this figure would remain unchanged, while the number of homes started construction in September fell from 598 thousand to 590 thousand, while the projected growth. Also started to adjust prices for oil, which affected the dynamics of stock price of domestic oil and gas companies.

Continue to full-growth market, it seems, can not but fall is also not yet obtained. Therefore it remains to consolidate - a bit up and down a bit. Most likely, the situation on the trading floors continue in the near future.

Index of the Frankfurt Stock Exchange Xetra DAX rose 11.78 points, the index of the London Stock Exchange FTSE 100 rose 0.22 points
Review of the precious metals market for 19.10.09
Forex on the European session
In the second echelon are allocated shares of Polyus Gold, which show striking growth
Commodity markets: daily comment
The technical analysis of currency pairs
Slowly but surely, the dollar continues to take positions
Exchange rate of dollars saved without changes - the evening review of cash markets
Tigipko: Deferment of payment credits would cost Naftogaz Ukraine in the additional $ 700 million

News and Comments