Russia market remains bullish mood, which can not break even negative statistic data

 
  
 
 
  01.10.09 20:34 ;
  Russia's share platforms have begun trading session today, the growth of the major indices, playing positive trend in oil prices the day before. The first minutes of the auctions RTS index rose 0.01% to 1254.69 points, MICEX added 1,58% to a level of 1212.26 points.

In leaders of growth in Russia's stock market as well as yesterday, the shares were MRSC of North Caucasus and IDC Holding, went up by 7,149% and 4,434% respectively. 10% increased in price TGC-13 and Kuzbassenergo.

During the session, quotes oil continued to grow. However, oil and gas sector during the day lagged behind their dynamics. Shopping in him intensified under the curtain of the auction: Gazprom added 0,48%, LUKoil - 2,37%, Rosneft - 3,55%.

among the leading sectors of the steel was, and in it - the action of CMI (6%). The company announced that could double its stake in Belon. Also today it became known that Belon completed the signing of pickup contracts for coal for the next four months at the prices at 3 - 3,1 thousand rubles per ton. This is positive news for both companies - analyst Stanislav Kleshchev VTB 24. - Belon controlling shareholder will receive assistance in resolving issues with the indebtedness, and MMK, finally, obzavedetsya its coal assets, which is especially important in financial terms combine in a recent growth in commodity prices.

In the banking sector today looks better than the market shares of VTB Bank (1.1%), which primarily was due to significant oversold market that has evolved during the last session.

In the afternoon, the situation on the European markets has deteriorated markedly, but Russia's market, this trend is not touched - domestic stock indicators remained in the plus. Investors seem to be set for continued growth. Their expectations are based on the fact that the world economy is gradually recovering. Furthermore, in the near future, a period of quarterly corporate reporting. Given that in the third quarter of the economic situation has stabilized, we can assume that the company will demonstrate quite optimistic results , - analyst Absolut Bank Ivan Fomenko.

The positive attitude of players has not affected and that the data on the number of applications for unemployment benefits in the United States exceeded the forecast - an increase of 17 thousand (expected to increase by 5 thousand). The published figures provoked subsidence in some papers, but later fallen in price the shares were otkupleny: private income and expenditure of U.S. consumers in August managed to slightly exceed the consensus forecast.

As a result, the RTS index finished the day at around 1266.85 points (0.98%), while the MICEX index - on a mark 1211.44punkta (1.18%).

According to the analyst GC Alor Natalie Lessin, the technical picture of Russia's market remains unchanged: The level of resistance near the annual maximum is stable, and penetrate its MICEX index can only with the advent of the drivers of growth - positive statistic data, inflation Oil and season accountability of American companies for the III quarter of this year, which begins next week.

Trades in the United States began to decline, to date, the Dow lost 1.35%, the index SP - 1,68%, the index Nasdaq - 2,19%.

Index of the London Stock Exchange FTSE 100 dropped to 1.68% and closed at 5,047.81 points. Index of the Paris stock exchange CAC 40 fell 1.97% and closed at 3,720.77 points. Index of the Frankfurt Stock Exchange Xetra DAX dropped to 2.13% and closed at 5,554.55.

By 20.30 the November futures on Brent crude traded at $ 68.21 a barrel on crude oil Light - at $ 69.74 per barrel.

In the evening session on FORTS futures on the RTS index fell by 0.97% and amounted to 124,035 points. Futures for shares of Gazprom, Lukoil and Sberbank rose 0.66%, 0.67 and 0.86% respectively.


  

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