Russia's stock indexes declined on Wednesday to 2.8%, to 1072 points, MICEX index - on 1,44%, to 1,099 points. The main reason for the downward movement of stock prices has a negative dynamics of quotations of oil contracts. In anticipation of data on stocks of raw materials and H /products in the U.S. futures Brent and WTI have fallen in price to 71 dollars per barrel. (-0.5%). Oil stocks included in the RTS, dropped by an average of 3,5%. This preference shares of Transneft made an unexpected leap of quotations by almost 6%. Account for the results 1P09 Bank Revival has risen in price by 2,2%, against a background of 1% - tion fall in the price of shares in Sberbank and VTB.
European indexes also traded throughout the day in the red zone, covering a small decrease in the 0,2 - 0,6%. U.S. indices closed on Wednesday almost to zero. The index of business sentiment in Germany in August rose by 3.1 points compared with the previous month and amounted to 90,5 points. Asian markets at today's auction demonstrated a moderate reduction - up to 1,7% in the Nikkei index to 9:30, Moscow time, the price indices of markets in China and Hong Kong fell by 1,3%. U.S. index futures falling within 0,5%. Thus, the market ignored the macroeconomic statistics in Germany and the United States. In the U.S. new home sales in July rose by 9,6% compared with the revised figure for June, which is the highest level since the beginning of the year.
Before opening Russia's markets, oil prices are roughly at the level of yesterday's close. Among the interesting macro - the dynamics of the monetary aggregate M3 in July in the euro area, GDP and the core index of RFE 2Kv09 in the United States. In addition, there are data on the labor market in the United States. VimpelCom, possibly publish results under IFRS for 1P 2009, X5 Retail Group, is expected to announce the results under IFRS for 2Kv09. We expect the market to open in the negative zone. Sales, however, would not be aggressive. During the day - moderate volatility.
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Analyst Ratings
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Indices in the United States rose on Wednesday on strong data on the housing market, futures cheaper on Thursday
Recommendations on RTS Index futures
Today, small-auction expected volatility mainly through short-term speculative
Most likely, that the markets continue to consolidate the achieved levels
Markets are looking for the reason for the correction, if the futures on the RTS index falls below 105 675 points, the movement may accelerate
The course of Russia's currency on the international Forex remained at levels close to important resistance levels
Russia's lag indices from the western markets like the possibility of a more substantial correction in the coming weeks
Today the stock market of Russia is expected hetero-directed change in stock prices until the evening news
Until the end of the year expected for Gazprom shares in the corridor 7.9 dollars
Sales in Russia's market will not be aggressive, during the day is expected to moderate volatility
Russia's stock indexes declined on Wednesday to 2.8%, to 1072 points, MICEX index - on 1,44%, to 1,099 points. The main reason for the downward movement of stock prices has a negative dynamics of quotations of oil contracts. In anticipation of data on stocks of raw materials and H /products in the U.S. futures Brent and WTI have fallen in price to 71 dollars per barrel. (-0.5%). Oil stocks included in the RTS, dropped by an average of 3,5%. This preference shares of Transneft made an unexpected leap of quotations by almost 6%. Account for the results 1P09 Bank Revival has risen in price by 2,2%, against a background of 1% - tion fall in the price of shares in Sberbank and VTB.
European indexes also traded throughout the day in the red zone, covering a small decrease in the 0,2 - 0,6%. U.S. indices closed on Wednesday almost to zero. The index of business sentiment in Germany in August rose by 3.1 points compared with the previous month and amounted to 90,5 points. Asian markets at today's auction demonstrated a moderate reduction - up to 1,7% in the Nikkei index to 9:30, Moscow time, the price indices of markets in China and Hong Kong fell by 1,3%. U.S. index futures falling within 0,5%. Thus, the market ignored the macroeconomic statistics in Germany and the United States. In the U.S. new home sales in July rose by 9,6% compared with the revised figure for June, which is the highest level since the beginning of the year.
Before opening Russia's markets, oil prices are roughly at the level of yesterday's close. Among the interesting macro - the dynamics of the monetary aggregate M3 in July in the euro area, GDP and the core index of RFE 2Kv09 in the United States. In addition, there are data on the labor market in the United States. VimpelCom, possibly publish results under IFRS for 1P 2009, X5 Retail Group, is expected to announce the results under IFRS for 2Kv09. We expect the market to open in the negative zone. Sales, however, would not be aggressive. During the day - moderate volatility.
1; user rated material 5.
Analyst Ratings
Indices in the United States rose on Wednesday on strong data on the housing market, futures cheaper on Thursday
Recommendations on RTS Index futures
Today, small-auction expected volatility mainly through short-term speculative
Most likely, that the markets continue to consolidate the achieved levels
Markets are looking for the reason for the correction, if the futures on the RTS index falls below 105 675 points, the movement may accelerate
The course of Russia's currency on the international Forex remained at levels close to important resistance levels
Russia's lag indices from the western markets like the possibility of a more substantial correction in the coming weeks
Today the stock market of Russia is expected hetero-directed change in stock prices until the evening news
Until the end of the year expected for Gazprom shares in the corridor 7.9 dollars