FOREX Forecast » Russian index was able to return to the «green belt» statdannyh after publication in the United States

15.05.09 20:31 ;  Outside the background at the opening of the Russian market on Friday was moderately positive. U.S. indexes closed the day before in the positive range on the background of investors' optimism about reducing the threat of deflation in the economy. As a result of bidding in the Dow-Jones index added 0,56%, SP in the “plus” to 1,03%, Nasdaq - on 1,5%. Japanese Nikkei index added 1.8% morning. China's Shanghai Composite Index has fallen to 0.43%. The July futures on oil brand Brent traded at around $ 58.56 a barrel, Light - $ 59,45 per barrel.

Discovery of the Russian market was higher than the yesterday's closing. However, a morning wave of demand petered out around 1020 points on the MICEX index. By 12:40 Moscow time the fall of the MICEX index was 0.52% to 995.42 item, RTS index was to that point of time at 940.6 point, adding 0.91%.

By mid-day RTS index remained in the black at 0.67%, MICEX - in the red by 0.5%.

At the MICEX to the dollar gave 32.08 rubles for one euro - 43.61 rubles. Appreciation of the ruble to a basket bivalyutnoy, therefore, is 37.28. The course is a pair of euro /dollar at Forex stands at 1.35. The weakening of the euro against the dollar seen after negative statistics for the euro, which had a pressure on the quotations of oil prices. Against this backdrop, the market traded lower shares Lukoil (-2.2%) and Surgutneftegaz.

Others «blue chips» raznonapravleno traded. Better market were paper Gazprom oil (2.47%), which now cover the register of shareholders to attend the annual meeting and the receipt of dividends. More than 3% added shares of CMI, about 6% - prefy Rostelekom. Worse market traded securities Severstal (-2.01%) announced a net loss of 1 sq. 2009 under IFRS.

Shares in the banking sector were the leaders of today's session. In addition to the positive dynamics of the securities of financial institutions in the United States and Russian support for the euro has strengthened the ruble shares.

correction on our site continued until the release of data on an index of production activity in New York in May, which unexpectedly reached a peak in August of 2008, as well as the output of promproizvodstvu in the United States in April, which fell by 0.5% ( expected to decline by 0,6%). Against the background of these data MICEX index closed in positive zone, adding 0,16%, RTS index grew at 0.45%.

«Despite the fact that the negative trend observed over the past three days, however, the rate of reduction of stock indexes remain low, ukladyvayas in the framework of technical correction. If the situation in the oil market is stabilizing, it is not excluded that the Russian securities, at least “neftyanka” may resume upward movement », - noted analyst Absolut Bank Ivan Fomenko.

According to the analyst Ltd. Trade Invest Cyril Mamedhanova, next week the sale may resume with renewed vigor in the case of a puncture-down levels of support: 930p. RTS index and 980p. MICEX index.

«Despite the fact that everything goes fairly smoothly, the likelihood of resumption of serious sales in the next week is quite high. It is possible that yesterday's and today's auction can be viewed as some respite on the way down », - the trader believes the company« ATON »Eugene Moskal.

MICEX index closed at 1002.45 points (0.18%), RTS index - on the level of 936.27 points (0.45%). Trades in the United States are in the «red zone»: Dow loses to 20.30 Moscow time 0.38%, indks SP - 0,72%, the index Nasdaq - 0,02%. In Europe, bidding ended with a slight change in the main indices: FTSE index fell by 0.33%, the index DAX - on 0,02%, CAC40 index added 0.4%.  

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