The serious decline occurred in the Russian stock market. As leaders of reducing the shares of Gazprom, GMK Norilsk Nickel, Sberbank. Oil prices today dropped below $ 70 a barrel, and that probably was the main reason for the closure of long positions on the Russian stock market. In doing so, the second line was the paper which showed significant growth. In the first place - it shares the Seventh Continent and Autovaz. Shares Seventh continent grew against the background of rumors of buying the company from the largest European retail network. At the same time, the stock Autovaz recorded a large daily turnover of trades for these securities than in previous days. Here, it seems, now has a major buyer. In fact, news about the company were good: Societe General Autovaz approved loans for the purchase of a production license from Renault.
MICEX Index Breaks Through its upward trend, in effect since February 2009. The Russian market is gradually beginning to show the dynamic characteristic of the summer: the volume of trades are beginning to decline, foreign investors are not actively buying up Russian bonds, as in May. As a result, the intraday volatility of the trading will grow in the Russian market because of the greater weight of speculative-minded investors, but when considering the market dynamics in the interim period of 1-2 weeks, significant price changes will not occur. That is, the market, with declining activity of entering a consolidation with high volatility.
Foreign stock markets have not shown such a rapid decline of the Russian market. In general, the situation in the overseas sites are emerging as follows. New ideas for further growth there as well, and the reasons for the significant downward correction. As a result, more and more investors have come to the conclusion that market shares fairly valued /revalued in the absence of significant confirmation, expected improvements in most sectors of the economy. This mass of leading indicators for the industry and other sectors of the U.S. economy, the euro area show that the actual improvement in these sectors must occur in the coming months. This idea does not imply to the sale of the largest investors of their stock portfolios in the near future.
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Forex - Asia
The drop in SP 500 for 2 days was a record in April, futures on Wednesday grow
Composite index of shares of Asian countries on Wednesday falls 3rd day in a row, Nikkei rising
Pessimism growing Russian investors: the stock market again today «surrendered bears»
The Russian market is dominated by sales, impact on the trades could have statistics from the United States
The risk that the Ministry of Finance will not be able to raise NDPI at 56%, very high
Stocks Uralkali lost 10%, while the paper Transneft increased by 3.55%
Futures on the RTS index fell by 3.94% to a value of 102980 items
As of 18:00 Moscow time the volume of trades on the MICEX Stock Exchange amounted to 163.6 billion rubles
Promotions The Seventh Continent grew up on a background of rumors of buying the company from the largest European retail network
The serious decline occurred in the Russian stock market. As leaders of reducing the shares of Gazprom, GMK Norilsk Nickel, Sberbank. Oil prices today dropped below $ 70 a barrel, and that probably was the main reason for the closure of long positions on the Russian stock market. In doing so, the second line was the paper which showed significant growth. In the first place - it shares the Seventh Continent and Autovaz. Shares Seventh continent grew against the background of rumors of buying the company from the largest European retail network. At the same time, the stock Autovaz recorded a large daily turnover of trades for these securities than in previous days. Here, it seems, now has a major buyer. In fact, news about the company were good: Societe General Autovaz approved loans for the purchase of a production license from Renault.
MICEX Index Breaks Through its upward trend, in effect since February 2009. The Russian market is gradually beginning to show the dynamic characteristic of the summer: the volume of trades are beginning to decline, foreign investors are not actively buying up Russian bonds, as in May. As a result, the intraday volatility of the trading will grow in the Russian market because of the greater weight of speculative-minded investors, but when considering the market dynamics in the interim period of 1-2 weeks, significant price changes will not occur. That is, the market, with declining activity of entering a consolidation with high volatility.
Foreign stock markets have not shown such a rapid decline of the Russian market. In general, the situation in the overseas sites are emerging as follows. New ideas for further growth there as well, and the reasons for the significant downward correction. As a result, more and more investors have come to the conclusion that market shares fairly valued /revalued in the absence of significant confirmation, expected improvements in most sectors of the economy. This mass of leading indicators for the industry and other sectors of the U.S. economy, the euro area show that the actual improvement in these sectors must occur in the coming months. This idea does not imply to the sale of the largest investors of their stock portfolios in the near future.
Your grade will be the first!
Analyst Ratings
Forex - Asia
The drop in SP 500 for 2 days was a record in April, futures on Wednesday grow
Composite index of shares of Asian countries on Wednesday falls 3rd day in a row, Nikkei rising
Pessimism growing Russian investors: the stock market again today «surrendered bears»
The Russian market is dominated by sales, impact on the trades could have statistics from the United States
The risk that the Ministry of Finance will not be able to raise NDPI at 56%, very high
Stocks Uralkali lost 10%, while the paper Transneft increased by 3.55%
Futures on the RTS index fell by 3.94% to a value of 102980 items
As of 18:00 Moscow time the volume of trades on the MICEX Stock Exchange amounted to 163.6 billion rubles