Level of support on MICEX today can make the level of 1400 - 1410 points

previous session
Thursday trading session on Russian stock markets ended lower major indices: -1.73% RTS, MICEX -2.01%. Opening of bidding took place in the green zone, and many took advantage of this to lock in profits. As a result, the indices went down, losing more than 1,5%. Expectation of positive reports from American companies resumed buying, but they did not last long, and with the release of macroeconomic data, markets went down. The result: oil and gas sector: Gazprom -1.73%, Lukoil -1.56% -2.95% Rosneft, Surgutneftegaz -1.08%, the banking sector: -1.59% Sberbank, VTB -0,67% , non-ferrous metallurgy sector: MMC Norilsk Nickel -0,85% -2,63% PolyusZoloto.

European Exchanges finished the day in the red: the British FTSE100 -1,58%, German DAX -1,79%.

American Stock Exchange completed auctions in the negative zone. Yesterday came the following macroeconomic statistics. The number of Americans who first applied for unemployment insurance, unexpectedly rose last week to 36 thousand - up to 482 thousand - the highest level in two months. Experts predicted reduction in the number of hits on 4 thousand from the earlier announced level - up to 440 thousand index of leading U.S. economic indicators for December rose by 1,1%, analysts expect growth to 0,7%. Oil reserves last week fell by 0.4 million barrels to 330.6 million, experts expect an increase of 2.4 million barrels. Weak statistics stole markets in a significant minus. The worst of the market looked like the financial sector and banks. The result: DowJones -2,01%, SnP500 -1,89%, Nasdaq -1,12%.

Before opening
Asian session shows the negative dynamics: Japanese Nikkei225 -2,67%, Chinese Shanghai Composite -2,21%, the Australian Index All Ordinaries -1,65%. U.S. futures SnP500 0,06%. Quotes of the ruble is now located at around 29,65 (Forex). Oil brand Brent 74,46 (-0,16%). A pair of Euro /USD. traded above the level of 1,41.

Recommendations
expect a negative opening of the domestic sites. For Russia”s stock market develops a negative external background. Domestic sites reduced the second day in a row. Today, in our opinion, under pressure from falling world sites sale will continue. Level of support on MICEX today can make the level of 1400 - 1410. Expected data for today: 11:30 index of business activity in the manufacturing sector (Germany), 11:30 am The index of business activity in the services sector (Germany), 12:00 index of busineeb4ss activity in the manufacturing sector (Euro Zone), 12:00 index of business activity in the service sector (Euro Zone), 13:00 New industrial orders (Eurozone).

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Analyst Ratings


BP will not overcome the veto of the President of Proceeds of Crime Act
Forex - results of the day
Forecasts of analysts: Gap down at the opening of Russian sites will be 1% on the MICEX index, during the day possible technical rebound
Today the market of Russia will focus on oil prices, a number of data from Europe and the behavior of American indexes
Today the opening of the market of Russia is expected to decrease against the background of falling oil prices
Russia stock market opening will continue to decline, which may accelerate if oil quotes will support at $ 75
Today is worse than the market can be traded shares of companies of financial sector
Today morning background negative for Russia”s stock market
At the opening of today”s trading is expected to continue the negative dynamic

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