Most likely closure of Russia's market in the red zone

Russia's stock market started to landing on the background of negative statistics on the U.S. labor market and world prices for oil. Unemployment in the U.S. in August 2009 increased in comparison with July of 0,3 PP and amounted to 9,7%. This - the highest level of unemployment over the past 26 years. Analysts expect that the value of this index will amount to 9,6%. Indicator of reducing the number of jobs in non-agricultural sectors of the country in August 2009. compared with the previous month totaled 216 thousand (analysts expected a decrease of 225 thousand).

Global markets are more or less restrained in comments makrostatistiki. Markets in Europe, first most reacted negatively to the news seems to have begun to recover, the indexes are traded with the growth of 1-2%, the index FTSE (1,5%). Index futures traded in U.S. growth at 0.5%.

The main reason for increased profit-taking Russia's players is the decline in oil prices by 0,5%, below $ 67 per barrel. Brent. Managers of funds investing in Russia, reacted nervously to the approach of quotations to the levels of $ 65 per barrel. In addition, the fall in oil prices by nearly 9% over the past five days could be the most significant for eight weeks. It is also important factor is overbought - some shares over the last couple of days went up by several dozen percent.

MICEX by 17:00 Moscow time again dropped below the level of 1100 points (-0.5%), the RTS index shows zero change. Ordinary shares of Sberbank, could not resist above the level of 55 rubles., Increase their quotes down to 3,5%, prefaktsii traded with the growth of 4,8%. Better the market look like paper Mosenergo (6%), MTS (3,7%). No official corporate news, podvigshih Russia's actions to increase /decrease in prices, today was not.

most likely closing of the market in the red zone.

log in and see the material;;

1; user rated material 5.


Analyst Ratings


From 21 August to 4 September in the secondary real estate market in Kiev on one-bedroom apartment prices increased by 0,1%
Experts: More financial investments in the world economy led to inflation
From 21 August to 4 September in the primary market of Kiev real estate prices for one-room apartments fell by 7.6%
Analytics - the outcome of the day

Energy, World Stock Market, Currency, Weather …


The leader of growth, as well as during all the last days, began the action Savings Bank, today added more than 4%
Published statistic data on the U.S. market in Russia caused a wave of selling, which immediately gave way to shopping
As soon as the market will go with Russia fears of lower oil prices and U.S. indices would be available for purchase
As of 17:00 Moscow time the volume of trading on the MICEX Stock Exchange amounted to 141.31 billion rubles
Worse than the others in the oil and gas sector have seen today the paper LUKOIL

This entry was posted in News and Comments. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>