In the near future, the Russian stock market could reach 1000 points

After yesterday, far from optimistic, the closure of the Russian stock market, there is little doubt that today the market will try 880 points on the MICEX index. And so it went.

opened at yesterday's closing and try to complacency bottom-up pass 900 points, the market quickly and quietly dropped to 880 points, and even Breaks them, showing the value of 877.11 (-2.13%). Then started writing sinusoids with a sufficiently large amplitude of the 893 top to bottom of 871.3. Waiting for statistics from the U.S..

With regard to the external background, he did not contribute to optimism. Oil prices below 60 USD, futures on U.S. stock indexes today consistently negative in the morning. Europe traded in negative zone. In addition, today there was a sharp weakening of the ruble to a basket bivalyutnoy. When buying currency, buying in the stock market does not exist. Incidentally, one reason that today, shares of Russia's financial sector to feel worse than in other countries, the sharp weakening of the ruble today.

Statistics did not bring our market facilitation. Constant at 875 points, the market has decided to test the level of 870 (-2.9%) points. Good, 50 percent correction of the growth from February to June of this year. The level of firm, from the rebound went up. But, unfortunately, just rebound.

We want to draw attention to some papers that have shown today, a special resistance to today's downfall. This, in turn, the shares of Rosneft, which now showed a positive momentum throughout the day and on average were at 1-1,5% more expensive than yesterday's closing.

So the second day, pleased with Lukoil shares, which at the level of 1300 rubles felt support. Maybe, again, the major shareholders increase the equity of the company?

What are waiting for next week? So far more pessimistic picture drawn. Low oil prices, U.S. stock indexes down can trigger levels of Perforation 870 and hike at least 800 points. But still want to believe that this has yet to happen, ottolknuvshis of 870, the Russian stock market could reach 1000 points in the near future. And they look. There will be a moment of truth.

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Overview of the foreign exchange market 10.07.2009
The course is kept buying the dollar unchanged - the evening review of cash markets
Rekapitaliziruemye banks began to develop plans for repayment of obligations finuchrezhdeny to avoid the buzz among investors
Geets: Western creditors are interested in restructuring the debt of Ukrainian banks
Forex on the European session
The downward trend could continue in the Russian market in the next week
MICEX index back to levels in April 2009
At the end of the trading the MICEX currency market the U.S. dollar at the ETC in the calculations tomorrow was 32,404 rubles. the dollar
New reasons for concern

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