Market Analysis

On Wednesday, Russia"s stock market declined after the world and stock and commodity exchanges: RTS (-1,50%), MICEX (-1.54%).

Shares of oil and gas companies dropping on the background of falling oil price: Gazprom (-2,0%), Rosneft (-1,8%), Lukoil (-1.3%). Papers of the banking sector have declined in market trends: Sberbank (-1.5%), VTB (-1,5%). Shares steel companies look worse than the market: Severstal (-3.7%), MMK (-5.2%), NLMK (-2.3%).

On Wednesday U.S. stock indexes fell by an average of more than 1%. Pressure on the market has had a number of negative factors: a weak accountability Morgan Stanley and IBM, which has appeared worse expectations of statistics on the real estate market and the decline in lending in China. Asian markets dominated by negative sentiment. Oil prices drop after showing significant growth. A barrel of Brent crude oil worth $ 76,5.

According to our estimates, this morning"s background is more positive for Russia"s stock market. Today there is an opportunity for correction after yesterday"s fall. This will facilitate the growth of futures on U.S. stock market indicators and the positive dynamics of oil prices, which, in the first place, will support the securities of oil and gas sector. From the statistics today is to draw attention to data on unemployment benefits and fuel reserves in the United States.

Following yesterday"s trading volume on the stock market, MICEX Stock Exchange amounted to 107.2 billion rubles
The opening is expected to increase in prices of shares on the Russian 0,5 - 1,0%
Today the attention of players will be attracted to the data on stocks of petroleum and petroleum products, which can distract the market up or down
Thursday on Russia"s stock market will begin with a moderate gap up
U.S. stock indices closed in the red Wednesday
Latin America: the markets prevail Bears
MPs demand to prevent the merger of Kyivstar and VimpelCom
The IMF has begun the budget reading
Kommersant: Ukraine is economically non-free country

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