Information Unit (part of the investment holding company Finam) held a conference Russia's stock markets: in anticipation of the second wave. Its members do not exclude that the fall of domestic stock indexes expects a slight decline, including due to the problem of bad debts. Despite this, they consider investments in the banking sector is one of the most promising.
Analysts say that Russia's stock market is now growing up without significant fundamental grounds. The nature of modern investment - extremely speculative. It is hardly possible to make serious investment investments when (1) the conditions extremely difficult to predict (forecast rates of production /consumption -?, Investment program -?, And so forth), and (2) the urgency of resources is small (state means if issued, from time to time), - said the chief of analytical department of the bank Petrokommerts Oleg Solomin. I think we will see a more attractive market levels, - adds strategist Finam Vladimir Sergievsky. However, promising investment ideas in the market there. In this capacity, in particular, may make the banking sector.
Banks have very large reserves for bad debts. In order that they should not have covered the actual non-payment, it is necessary that these arrears were significantly more projections, which are so pessimistic. I would put that part of bank reserves through 2 — 3 quarters in general can move from the reserves in the profits , - predicts head of investment consulting FK Opening Alexander Laputin. He supports Mr. Solomin: If you start delay, they will start from the fact that the company will not be able to service their loans, that is primarily affected specific companies, and only then banks. And then, by diversifying loan portfolio established reserves … blow to the banking system may be at a tangent.
According to Mr. Sergievsky, investing money in shares of the banking sector - aggressive-based investment expectations of rapid economic recovery. More conservative investors, he advises to pay attention to the oil companies. Indeed, the oil industry in the realities of Russia's market is a defensive sector. So if you want to prepare for the second wave , it is logical to build up a share of this sector in the portfolio, - head of the department agrees to analytical studies of VTB Asset Management Ivan Ilyushin.
But the prospects for metallurgists analysts estimate as not very high. Metallurgy, in my opinion, it is now valued by investors are too optimistic. In the assessment of the sector founded V-shaped recovery scenario, the world economy, which can not be realized, - said Mr. Ilyushin. I would not leave the bank (if it is the largest of our banks, but not the second tier) in other sectors, especially the steel industry, - confirms the Managing Director of the stock market IFC Metropol, Igor Rubin.
In general, the abrupt collapse of Russia's stock market experts consider unlikely. However, the risk of this scenario is still present. While money cheap, so there must be something great. Also the reason for the collapse may be a preliminary strong growth markets, - said Mr. Laputin. I believe that the main threat to investors in equities are inflation risks. Once the market realizes that the policies of central banks is starting to change, stocks will collapse by 30-50%. This will occur most likely during the second quarter of next year. In fact, next year will be very difficult for equity markets - fears director of analytical department of Bank of Moscow Kirill Tremasov.
The crisis raised the investment attractiveness of the banking sector
Information Unit (part of the investment holding company Finam) held a conference Russia's stock markets: in anticipation of the second wave. Its members do not exclude that the fall of domestic stock indexes expects a slight decline, including due to the problem of bad debts. Despite this, they consider investments in the banking sector is one of the most promising.
Analysts say that Russia's stock market is now growing up without significant fundamental grounds. The nature of modern investment - extremely speculative. It is hardly possible to make serious investment investments when (1) the conditions extremely difficult to predict (forecast rates of production /consumption -?, Investment program -?, And so forth), and (2) the urgency of resources is small (state means if issued, from time to time), - said the chief of analytical department of the bank Petrokommerts Oleg Solomin. I think we will see a more attractive market levels, - adds strategist Finam Vladimir Sergievsky. However, promising investment ideas in the market there. In this capacity, in particular, may make the banking sector.
Banks have very large reserves for bad debts. In order that they should not have covered the actual non-payment, it is necessary that these arrears were significantly more projections, which are so pessimistic. I would put that part of bank reserves through 2 — 3 quarters in general can move from the reserves in the profits , - predicts head of investment consulting FK Opening Alexander Laputin. He supports Mr. Solomin: If you start delay, they will start from the fact that the company will not be able to service their loans, that is primarily affected specific companies, and only then banks. And then, by diversifying loan portfolio established reserves … blow to the banking system may be at a tangent.
According to Mr. Sergievsky, investing money in shares of the banking sector - aggressive-based investment expectations of rapid economic recovery. More conservative investors, he advises to pay attention to the oil companies. Indeed, the oil industry in the realities of Russia's market is a defensive sector. So if you want to prepare for the second wave , it is logical to build up a share of this sector in the portfolio, - head of the department agrees to analytical studies of VTB Asset Management Ivan Ilyushin.
But the prospects for metallurgists analysts estimate as not very high. Metallurgy, in my opinion, it is now valued by investors are too optimistic. In the assessment of the sector founded V-shaped recovery scenario, the world economy, which can not be realized, - said Mr. Ilyushin. I would not leave the bank (if it is the largest of our banks, but not the second tier) in other sectors, especially the steel industry, - confirms the Managing Director of the stock market IFC Metropol, Igor Rubin.
In general, the abrupt collapse of Russia's stock market experts consider unlikely. However, the risk of this scenario is still present. While money cheap, so there must be something great. Also the reason for the collapse may be a preliminary strong growth markets, - said Mr. Laputin. I believe that the main threat to investors in equities are inflation risks. Once the market realizes that the policies of central banks is starting to change, stocks will collapse by 30-50%. This will occur most likely during the second quarter of next year. In fact, next year will be very difficult for equity markets - fears director of analytical department of Bank of Moscow Kirill Tremasov.
Department of Public Relations and Media Investment Holdings FINAM.
The course has increased the dollar - a daily review of the cash markets
Walker: Money market funds finsistemu weaken the United States, needed changes in the regulation
Expert: NBU will allow movements of the dollar on the interbank market
These NBU needs money to fulfill orders of the Government on the financing of Euro 2012 …
Output statistics in the United States could have a significant impact on the dynamics of world share platforms and the energy market
The current correction in Russia market could take another two or three days
FAS Russia: Fosagro unduly inflates prices ammophos
Review of the precious metals market for 24.08.09
European stock markets finished the auctions on Monday peak of almost 10 months
Week on the world stage: elections in Afghanistan, the consequences for the region and not only