Closer to the closure of Russia's bid, investors would prefer to fix the profit

The temporary lull in the domestic stock market is due, above all, lack of dynamics, not only in the actions of investors, but also in their thoughts about what will happen next. Some days the market rose in the same place as, and open, which shows a rather strong lateral movement, when the data from the oil market pull up quotes and information on the possible removal from his post Fed Chairman Ben Bernanke is pulling the market down. The scenario today is seen to continue shopping in the morning, and actively work with short sales in the second half of the day and by the closure. The main engine of the market yesterday, no bank has been particularly active, so he was unable to pull a shaft of blue chips.

In the U.S. market trading ended on the growth of leading indexes more than 2%, and felt better all construction companies. Quotations Lennar rose by 17.5% after the company reported that orders for the current quarter increased by 67%, while shipments gained 47% in comparison with I quarter 2009-first year. Paper other sectors Centex and Pulte Homes rose by 5.8% and 5.8% respectively.

Paper world's largest retailer of products for Home Improvement Home Depot have grown by 3.9%. Also, after a positive report, which substantially exceeded the expectations of market quotations largest furniture seller in the United States of America Bed Bath Beyond rose by 9.5%. However, not all market participants to feel so good. For some companies situation is less fortunate in the background is not very supportive of financial reporting. For example, market participants are not pleased report the largest world manufacturer of sports shoes and apparel Nike, according to which the net profit of the company, on the basis of 2008-2009 fiscal year was $ 1.49 billion, a 21% rate of $ 1.88 billion shown in the past year. The company also reported a decrease in volume by 12% due to the global financial crisis. As a result, the paper Nike cheaper to 3.28%. With respect to macroeconomic data, they were different. Ministry of Commerce yesterday released the report is quite optimistic that the country's GDP in the I quarter of 2009-year declined by 5.5%, rather than 5.7%, suggesting the market, while the Ministry of Labor, under which the number of initial claims for unemployment benefits last week, compared with the figures before last week unexpectedly rose by 15 thousand to 627 thousand in with expectations of the value of this indicator 613 thousand in the oil market yesterday again experienced growth of quotations of up to a level of $ 70 per barrel . It should be noted that this situation with the lateral movement in the area of the level of $ 70 lasts for the past three weeks. The global rise in prices, which doubled the price rose to a minimum this year, has stalled in the area, because signs of economic recovery became active several different reverse indicator of continuing recession. Yesterday, U.S. Department of Commerce reported on the growing number of applications for unemployment benefits last week, which certainly kept the rise in oil prices, which could be even more solid. Yesterday, Barclays Capital issued a policy brief, which in the II quarter of 2009 the first year, investors have invested in commodities, a sum equivalent to approximately $ 15 billion According to the Investment Bank, the oil will soon be in the range of $ 75-85 per barrel and will stop there, because the gradual recovery demand and reduced inventories. Additional support prices have further problems in the oil-rich Nigeria, after the company Royal Dutch Shell confirmed that the next attack by the rebel fighters had forced the company to close its oil pipeline in the Niger Delta. In response to militia attacks every day, Nigeria had to cut oil production for hundreds of thousands of barrels per day, which has a positive impact on the oil market.

Today the Russian market after a positive opening, we look forward to continuing growth in the first half of the day, while closer to the closure of a desire to record the output and work with short sales may outweigh the trend.

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