The influx of Western investors in Russia's stock is speculative in nature and carried out from 2 trillion. dollars represented by world central banks to support liquidity.
In the first week of October, investors continued to invest in emerging market funds. According to EPFR, the maximum amount of investment was directed to the funds GEM and amounted to 960 million dollars flow into BRIC funds reached $ 215 million, becoming the highest since early August. Positive results also showed funds of Brazil and India: the flow of funds in these countries amounted to $ 120 million and 101 million respectively. The influx of funds in Russia and CIS countries decreased in comparison with the previous week, more than doubled,reaching about 72 million dollars only exception to the BRIC countries have funds of China, from which investors continue to withdraw funds - the outflow of the week amounted to 259 million dollars
Yesterday receipt of such resources, to Russia's market highs over the past 12 months. Ð˜Ð½Ð´ÐµÐºÑ Ð Ð¢Ð¡ поднÑлÑÑ Ð²Ñ‹ÑˆÐµ 1300 пунктов, до 1334,9 пункта, 3,7%, Ð¸Ð½Ð´ÐµÐºÑ ÐœÐœÐ’Ð‘ — до 1278,5 пункта, 4,3%. As leaders of growth - stocks of banks with state participation - Sberbank and VTB (7,2% and 6,5%). The remaining shares of six leading in terms of turnover (Gazprom, LUKoil, Rosneft, MMC) rose in price by 2,7 - 5,2%.
positive backdrop for auction is a rise in prices for oil and gold. Oil was trading above $ 70 per barrel. WTI. Gold has risen in price to a record 1,057 dollars /t.u. , Released statistics on the labor market in the U.S. caused euphoria - the challenge of unemployment is the most dangerous for the economy. Number of requests for unemployment insurance dropped to 521 thousand people, analysts expected 541 thousand Besides overlooking corporate reporting contributes to a good mood. Reporting PepsiCO and Marriot for 3 square. were better than forecasts of experts. ECB and the Bank of England left rates on the same level that was embedded in quotes. In the evening the head of the ECB JK Trichet made his comments to the agency action, which, however, does not shed light on the tightening of monetary policy of the world Bank in the near future.
On the contrary, the statement of head of the Federal Reserve Ben Bernanke that the bank is ready to tighten monetary policy against the background of new signs of improvement in the economy, different substance. Against this background increased demand for the dollar. Currency strengthened as the euro and the yen. By the Japanese yen, the dollar strengthened to 89.07 yen /dollar and the euro - up to $ 1.4733 strengthening U.S. dollar leads to lower prices for oil within 0,8% to 71,1 per barrel. 69,3 dollars /barrel. Brent.
U.S. markets closed session of the 0,5 - 1,0% growth, the Asian markets at today's auction exhibit differently directed dynamics (-0,5 - 1,6%). U.S. index futures symbolically reduced.
We expect the market opening slabonegativnoy zone. Now continue the publication of corporate reports in the U.S., from makrostatistiki select only the data on industrial production in August in France and the trade balance in August in the U.S. (expected -33 billion). Publication expected operating results X5 for 3Kv09.
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Analyst Ratings
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Movement in the papers Savings Bank is extremely speculative
New horizons opened up for trading yesterday, MMC Norilsk Nickel and Polyus Gold
In the short run may be a decrease quotations of the ruble to the dollar
Trading volume on the stock market, MICEX Stock Exchange on Thursday totaled 137.58 billion rubles
The MICEX index may continue to move to a mark of 1300 points
At the evening session on FORTS nearby futures on RTS index has struck the level of 1350 points and rose to 1,86%
At the end of the week Russia's stock indices rose strongly in the second half of the day they can go below the level of opening
Opening of Russia's stock market expected to reach Thursday, futures may open with a gap down to 1%
At the opening of Russia's market purchases will continue, but they will be fairly restrained
The influx of Western investors in Russia's action is speculative
The influx of Western investors in Russia's stock is speculative in nature and carried out from 2 trillion. dollars represented by world central banks to support liquidity.
In the first week of October, investors continued to invest in emerging market funds. According to EPFR, the maximum amount of investment was directed to the funds GEM and amounted to 960 million dollars flow into BRIC funds reached $ 215 million, becoming the highest since early August. Positive results also showed funds of Brazil and India: the flow of funds in these countries amounted to $ 120 million and 101 million respectively. The influx of funds in Russia and CIS countries decreased in comparison with the previous week, more than doubled,reaching about 72 million dollars only exception to the BRIC countries have funds of China, from which investors continue to withdraw funds - the outflow of the week amounted to 259 million dollars
Yesterday receipt of such resources, to Russia's market highs over the past 12 months. Ð˜Ð½Ð´ÐµÐºÑ Ð Ð¢Ð¡ поднÑлÑÑ Ð²Ñ‹ÑˆÐµ 1300 пунктов, до 1334,9 пункта, 3,7%, Ð¸Ð½Ð´ÐµÐºÑ ÐœÐœÐ’Ð‘ — до 1278,5 пункта, 4,3%. As leaders of growth - stocks of banks with state participation - Sberbank and VTB (7,2% and 6,5%). The remaining shares of six leading in terms of turnover (Gazprom, LUKoil, Rosneft, MMC) rose in price by 2,7 - 5,2%.
positive backdrop for auction is a rise in prices for oil and gold. Oil was trading above $ 70 per barrel. WTI. Gold has risen in price to a record 1,057 dollars /t.u. , Released statistics on the labor market in the U.S. caused euphoria - the challenge of unemployment is the most dangerous for the economy. Number of requests for unemployment insurance dropped to 521 thousand people, analysts expected 541 thousand Besides overlooking corporate reporting contributes to a good mood. Reporting PepsiCO and Marriot for 3 square. were better than forecasts of experts. ECB and the Bank of England left rates on the same level that was embedded in quotes. In the evening the head of the ECB JK Trichet made his comments to the agency action, which, however, does not shed light on the tightening of monetary policy of the world Bank in the near future.
On the contrary, the statement of head of the Federal Reserve Ben Bernanke that the bank is ready to tighten monetary policy against the background of new signs of improvement in the economy, different substance. Against this background increased demand for the dollar. Currency strengthened as the euro and the yen. By the Japanese yen, the dollar strengthened to 89.07 yen /dollar and the euro - up to $ 1.4733 strengthening U.S. dollar leads to lower prices for oil within 0,8% to 71,1 per barrel. 69,3 dollars /barrel. Brent.
U.S. markets closed session of the 0,5 - 1,0% growth, the Asian markets at today's auction exhibit differently directed dynamics (-0,5 - 1,6%). U.S. index futures symbolically reduced.
We expect the market opening slabonegativnoy zone. Now continue the publication of corporate reports in the U.S., from makrostatistiki select only the data on industrial production in August in France and the trade balance in August in the U.S. (expected -33 billion). Publication expected operating results X5 for 3Kv09.
2; user rated material at 3.
Analyst Ratings
Movement in the papers Savings Bank is extremely speculative
New horizons opened up for trading yesterday, MMC Norilsk Nickel and Polyus Gold
In the short run may be a decrease quotations of the ruble to the dollar
Trading volume on the stock market, MICEX Stock Exchange on Thursday totaled 137.58 billion rubles
The MICEX index may continue to move to a mark of 1300 points
At the evening session on FORTS nearby futures on RTS index has struck the level of 1350 points and rose to 1,86%
At the end of the week Russia's stock indices rose strongly in the second half of the day they can go below the level of opening
Opening of Russia's stock market expected to reach Thursday, futures may open with a gap down to 1%
At the opening of Russia's market purchases will continue, but they will be fairly restrained