Trading on U.S. stock exchanges have passed without much change, at a minimum turnover due to holidays. At the Asian sites continued the rally, but without special records. The Japanese market is growing at 0,6%, the Chinese Shanghai Composite adds 1.44%, Australia SP /ASX growing at 0.97%. Falls Korean Cospi at 0.66% on expectations of policy tightening national central bank.
opening of trading on Russian sites marked by modest growth of quotations within 0,3%. As leaders of growth - shares of power generation, looked worse than the market shares of VTB and Novatek. By 12 o'clock Moscow time began the development of correction and in the moment of the MICEX index went into negative by 1,5%. The basic idea to lock in profits began declining European platform - the German DAX, FTSE and English FRENCH CAC40 losing 12-30 to Moscow vremni about 0,3%. It is noteworthy that the beginning of the correction coincides with the firm statement Finance Minister Kudrin that Russian Ruble has almost become a regional reserve currency, and there is no reason for the devaluation. Also, as predicted by the minister, the future of the banking sector does not cause fear, but in the next two years may cease to exist 100-200 banks.
In our opinion, the further development of Russia's market correction has saved a strong market of raw materials. Futures Brent crude went into the consolidation at levels above 72 dollars per barrel. In the metals market as long as modest growth.
MICEX Index yesterday rose 3.77%, showing growth of more than 150% with at least one year, and we advise investors to capture profits.
As the correction of active players can try to use the level in 1300 to continue the game up, however, we do not recommend to catch falling knives because stock markets, in our opinion, is extremely superheated.
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Not in the gas
the eve of great changes in the Naftogaz of Ukraine the Government of packs the company …
The composite index of Asia-Pacific region soared on Tuesday to the maximum of 13 months on a weakening of the yen
Most U.S. indices rose on Monday, SP 500 peaked for the year
The cost of the dollar and yen decreases on Tuesday because of the return of optimism to investors
The strength of raw materials and the weakness of the dollar provided a basis for continuing recovery Russian stock indexes
The big players have begun to record profits on long positions after the growth of the previous week
During 9 months of 2009 MOESK sent 1.3 billion rubles for repair of power in Moscow
The weakening yen boosted the popularity of Japanese exporters
The Fund considers our chickens
Further development of the correction Russia venue yet rescues strong market for raw materials
Trading on U.S. stock exchanges have passed without much change, at a minimum turnover due to holidays. At the Asian sites continued the rally, but without special records. The Japanese market is growing at 0,6%, the Chinese Shanghai Composite adds 1.44%, Australia SP /ASX growing at 0.97%. Falls Korean Cospi at 0.66% on expectations of policy tightening national central bank.
opening of trading on Russian sites marked by modest growth of quotations within 0,3%. As leaders of growth - shares of power generation, looked worse than the market shares of VTB and Novatek. By 12 o'clock Moscow time began the development of correction and in the moment of the MICEX index went into negative by 1,5%. The basic idea to lock in profits began declining European platform - the German DAX, FTSE and English FRENCH CAC40 losing 12-30 to Moscow vremni about 0,3%. It is noteworthy that the beginning of the correction coincides with the firm statement Finance Minister Kudrin that Russian Ruble has almost become a regional reserve currency, and there is no reason for the devaluation. Also, as predicted by the minister, the future of the banking sector does not cause fear, but in the next two years may cease to exist 100-200 banks.
In our opinion, the further development of Russia's market correction has saved a strong market of raw materials. Futures Brent crude went into the consolidation at levels above 72 dollars per barrel. In the metals market as long as modest growth.
MICEX Index yesterday rose 3.77%, showing growth of more than 150% with at least one year, and we advise investors to capture profits.
As the correction of active players can try to use the level in 1300 to continue the game up, however, we do not recommend to catch falling knives because stock markets, in our opinion, is extremely superheated.
1; user rated material 5.
Analyst Ratings
Not in the gas
the eve of great changes in the Naftogaz of Ukraine the Government of packs the company …
The composite index of Asia-Pacific region soared on Tuesday to the maximum of 13 months on a weakening of the yen
Most U.S. indices rose on Monday, SP 500 peaked for the year
The cost of the dollar and yen decreases on Tuesday because of the return of optimism to investors
The strength of raw materials and the weakness of the dollar provided a basis for continuing recovery Russian stock indexes
The big players have begun to record profits on long positions after the growth of the previous week
During 9 months of 2009 MOESK sent 1.3 billion rubles for repair of power in Moscow
The weakening yen boosted the popularity of Japanese exporters
The Fund considers our chickens