Despite the strong rise in oil prices, Russia's stock market stubbornly not moving up after raw
Despite nearly 6% rise in oil prices during the night, Russia's stock market showed little reaction to the very positive from the primary market. If you look at the shares of oil and gas companies, even more than 2% rise in quotations Gazprom Neft, LUKOIL and preferred shares of Surgutneftegaz did not reflect adequately the positive changes that have occurred in the oil market in the U.S. session. Gazprom and Rosneft are added just over 1%. The feeling is that market participants are simply not ready to start a new quarter to buy shares of major Russian companies. What is it - all over the growing expectation of the need to correct the market, or simply the unwillingness to risk before the Friday data on the labor market in the U.S.? We hope that tomorrow, after the release of key data this week, the relationship between oil prices and the dynamics of Russian oil company shares will again become more apparent. In the meantime, investors prefer to win back other ideas. Again, the rapidly growing stock distribution companies. The leader of the recovery in this sector were shares of IDC Holding (17%), which lagged a few hours of growth in value of the company's assets and shares of Power Grid (15%), which we recommended yesterday to buy due to their unreasonable stunting of his colleagues on the shop today confidently eliminate this backlog. 10% increased in price action Siberian TGC - TGC-13 and Kuzbassenergo.
In addition, the stock market speculators'd play today, news of the intention to increase the proportion of CMI in Belon to 80%, as Steel filed a motion in the FAS. This news is positive for both companies: 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. As a result, shares of CMI risen by 6%, Belon jumped by 12%.
In addition, we would particularly like to dwell on yesterday's material fact disclosed SPC. According to him, General Director of Svyazinvest E. Yurchenko reduced its equity in the regional operator with 0.9% to 0%. Selling a large stake to an insider - a warning signal to investors that may medium-term growth potential of the company stock price has been exhausted. If in the coming days there will be new head of communications for the sale of Svyazinvest shares owned by him in other daughters of the holding (the packets from 0.4-1.8% of the Criminal Code), then market participants doubt the ability of telecom to rise above even more stress. In the matter of sales of packages of shares by insiders, all remembered the case when its share capital of the Savings Bank in late 2007 sold the top managers of the bank. Although initially the market has ignored this event, history has shown that the sale took place almost a peak.
Today will once again be busy evening for statistics. At 16.30 Moscow time, there are data on costs (expected 1.1%) and income of consumers and the traditional weekly statistics on applications for unemployment benefits, and at 18.00 IST - The index of purchasing managers in the industry (forecast: 54 points) and pending sales of homes. In addition, B. Bernanke today reiterated its support on the regulation of financial markets (17.00 Moscow time). Accordingly, should expect new high volatility in Last 2 hours of trading on the MICEX.
| log in and see the material;;
Your score will be the first!
|
Analyst Ratings
|
Look at today's market
Today in the U.S. is expected to: personal income and expense of applying for unemployment benefits, performance Bernanke and other
Asia: Tankan report and U.S. data framed footboard indices
Rate for the dollar has risen - day review of the cash markets
Why krugleyut amount per square
From the first days of autumn in the real estate market trend, the experts promised a few months ago …
Among the papers on the market highlights the quotes Gazprom and Sberbank, which accounts for the bulk of trading volume
Analysis of the Futures and Options LUKOIL
Tenders are now fairly quiet, the leaders of growth of paper IDC and Belon
Among the most liquid securities firm positions occupied by the action of the oil sector: MICEX OG adds 1,3%
Cpekulyanty'd play today, the news of the CMI's intention to increase stake in Belon to 80%: CMI shares went up by 6%
Despite the strong rise in oil prices, Russia's stock market stubbornly not moving up after raw
Despite nearly 6% rise in oil prices during the night, Russia's stock market showed little reaction to the very positive from the primary market. If you look at the shares of oil and gas companies, even more than 2% rise in quotations Gazprom Neft, LUKOIL and preferred shares of Surgutneftegaz did not reflect adequately the positive changes that have occurred in the oil market in the U.S. session. Gazprom and Rosneft are added just over 1%. The feeling is that market participants are simply not ready to start a new quarter to buy shares of major Russian companies. What is it - all over the growing expectation of the need to correct the market, or simply the unwillingness to risk before the Friday data on the labor market in the U.S.? We hope that tomorrow, after the release of key data this week, the relationship between oil prices and the dynamics of Russian oil company shares will again become more apparent. In the meantime, investors prefer to win back other ideas. Again, the rapidly growing stock distribution companies. The leader of the recovery in this sector were shares of IDC Holding (17%), which lagged a few hours of growth in value of the company's assets and shares of Power Grid (15%), which we recommended yesterday to buy due to their unreasonable stunting of his colleagues on the shop today confidently eliminate this backlog. 10% increased in price action Siberian TGC - TGC-13 and Kuzbassenergo.
In addition, the stock market speculators'd play today, news of the intention to increase the proportion of CMI in Belon to 80%, as Steel filed a motion in the FAS. This news is positive for both companies: 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. As a result, shares of CMI risen by 6%, Belon jumped by 12%.
In addition, we would particularly like to dwell on yesterday's material fact disclosed SPC. According to him, General Director of Svyazinvest E. Yurchenko reduced its equity in the regional operator with 0.9% to 0%. Selling a large stake to an insider - a warning signal to investors that may medium-term growth potential of the company stock price has been exhausted. If in the coming days there will be new head of communications for the sale of Svyazinvest shares owned by him in other daughters of the holding (the packets from 0.4-1.8% of the Criminal Code), then market participants doubt the ability of telecom to rise above even more stress. In the matter of sales of packages of shares by insiders, all remembered the case when its share capital of the Savings Bank in late 2007 sold the top managers of the bank. Although initially the market has ignored this event, history has shown that the sale took place almost a peak.
Today will once again be busy evening for statistics. At 16.30 Moscow time, there are data on costs (expected 1.1%) and income of consumers and the traditional weekly statistics on applications for unemployment benefits, and at 18.00 IST - The index of purchasing managers in the industry (forecast: 54 points) and pending sales of homes. In addition, B. Bernanke today reiterated its support on the regulation of financial markets (17.00 Moscow time). Accordingly, should expect new high volatility in Last 2 hours of trading on the MICEX.
Your score will be the first!
Analyst Ratings
Look at today's market
Today in the U.S. is expected to: personal income and expense of applying for unemployment benefits, performance Bernanke and other
Asia: Tankan report and U.S. data framed footboard indices
Rate for the dollar has risen - day review of the cash markets
Why krugleyut amount per square
From the first days of autumn in the real estate market trend, the experts promised a few months ago …
Among the papers on the market highlights the quotes Gazprom and Sberbank, which accounts for the bulk of trading volume
Analysis of the Futures and Options LUKOIL
Tenders are now fairly quiet, the leaders of growth of paper IDC and Belon
Among the most liquid securities firm positions occupied by the action of the oil sector: MICEX OG adds 1,3%