Bulls brought Russia's market to new yearly highs, the leaders of growth stocks of Gazprom Neft and VTB

Trading on Russia's markets have opened growth of quotations, despite a slight decrease in external markets for our yesterday's close. At the same time in the morning, bulls brought the MICEX index to a new annual maximum at 1,245.81. As leaders of growth stocks of Gazprom Neft and VTB, then adds more than 4%. Despite the overall positive sentiment in the markets traded in negative territory paper Rostelecom (-1%). By 14.30 the MICEX index rose by 1.96%, reaching 1245points.

Russia market shows positive dynamics in isolation from external markets, which are consolidated at the level attained, so futures on S P500 index continues to trade at the level of 1053 points, futures for Brent crude is consolidated at the level of $ 69, and European sites are in levels of previous day's close. In the current situation, the only reason for buying may be a way out of consolidation and the establishment of a new high, however, it is likely that these same levels are used by large players to exit the position, which favors the situation. It should be noted that the uptrend continues, and motives for sales at this time. Remaining issues as the impact on our market, a correction in the western areas, and output data on stocks of petroleum and petroleum products in the U.S., which will be published today at 18.30 Moscow time.

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