stock market: shares of banking and commodity sectors behaved worse than the market
U.S. stock indexes rose during the session and closed with a slight increase at 0,2-0,6%. In leaders of growth were the shares of utilities and industrial companies. VIX volatility index has fallen to 23.86.
composite index Bloomberg500, despite the morning's drop (-1.6%), to the end of the trading had recovered and showed a slight decrease (0.3%). The worst stock market behaved in banking and commodity sectors.
Regional Index of Latin America has not changed (-0.03%). In group BRIC index fell 0.62%. Brazilian index rose 0,86%.
poneldelnik in Japanese Nikkei fell 2.3%, the index of Hong Kong fell by 1.1%, the Korean KOSPI - 1%. Exception was the growth of the Chinese index CSI300 (1,7%). In general, the regional index MSCI-Asia yesterday experienced the strongest decline (-1.8%) since the beginning of the month. This morning Asian session, most Asian indexes adjusted upward.
Vista: increases the probability of technical correction
On Monday, the forces bulls noticeably weakened against the external negative. The turnover on the MICEX index was at a minimum level for this month. Formally, the MICEX index over the past four trading sessions, continues to consolidate in the wide corridor above the level of 1144 on, which is currently undergoing a week of break-even level of sales position (IAD-5 = 1148 etc). The morning gap and the breakdown of the level of the week moving average MA5 (1162 on) proved to be temporary. In the second echelon of the situation is in general also has not changed - quotes stagnated. In general, the market yesterday failed to show good resistance to external negative. This reflects, on the one hand, the persistent attitude of speculators to continued growth and, on the other hand, unavailability of gathering of bears to overcome the fundamental levels.
Approximately the same situation is observed in the foreign stock exchanges. On the one hand, excess liquidity helps to maintain the interest of investors to risk, which is reflected in the growth of most stock indexes around the world. Simultaneously, the accumulated yield provokes participants to commit speculative profit, including dollar, given the approaching end of the fiscal year in the United States. Add to this the considerable instability of the world's major currencies - the dollar, and you get an idea of a rather contradictory picture of today's markets.
After ~ 10.12% growth indices last week, many of Russia's most liquid securities have been bought out, which increases the probability of technical correction. In its most mild form to reduce could be the level of the previous local maximum on the MICEX index ~ n. In the 1130 case, deepening the correct levels of support to serve the following levels in 1104, 1055 and 1017, n. The level of resistance remains the same - a maximum in June this year.
We believe that the volatility in the markets in the near future will increase. In the U.S. this week come the important macroeconomic data (retail sales, consumer price index), which can move the vector of market sentiment in the other, and in the other side.
| log in and see the material;;
3; user rated material on 4,3.
|
Analyst Ratings
|
Kommersant: The sale of electricity for export is proposed to gradually
Umansky: The Government has laid the draft state budget-2010 the price of imported gas $ 260 per 1000 cubic meters. m
Kommersant: The auditors found violations of the budget by more than 350 million hryvnia
European indexes decrease on Monday on fears of too strong rally
Futures on the S P500 decreased by 0,3%, contracts for WTI show no pronounced dynamics, bargaining at $ 68,8
RTS Index futures have risen in price on the session on 0,5% to 1190 40 points
The highest volatility in the markets is expected today in the evening, when the block will be released statistics from the U.S.
When the negative dynamics of futures for the opening of trading in the U.S. and world oil prices, the most liquid stocks of Russia may begin to decline
The situation on the equity market would be today as ambiguous as the external news background
There is a possibility that the volatility in the markets in the near future will increase
stock market: shares of banking and commodity sectors behaved worse than the market
U.S. stock indexes rose during the session and closed with a slight increase at 0,2-0,6%. In leaders of growth were the shares of utilities and industrial companies. VIX volatility index has fallen to 23.86.
composite index Bloomberg500, despite the morning's drop (-1.6%), to the end of the trading had recovered and showed a slight decrease (0.3%). The worst stock market behaved in banking and commodity sectors.
Regional Index of Latin America has not changed (-0.03%). In group BRIC index fell 0.62%. Brazilian index rose 0,86%.
poneldelnik in Japanese Nikkei fell 2.3%, the index of Hong Kong fell by 1.1%, the Korean KOSPI - 1%. Exception was the growth of the Chinese index CSI300 (1,7%). In general, the regional index MSCI-Asia yesterday experienced the strongest decline (-1.8%) since the beginning of the month. This morning Asian session, most Asian indexes adjusted upward.
Vista: increases the probability of technical correction
On Monday, the forces bulls noticeably weakened against the external negative. The turnover on the MICEX index was at a minimum level for this month. Formally, the MICEX index over the past four trading sessions, continues to consolidate in the wide corridor above the level of 1144 on, which is currently undergoing a week of break-even level of sales position (IAD-5 = 1148 etc). The morning gap and the breakdown of the level of the week moving average MA5 (1162 on) proved to be temporary. In the second echelon of the situation is in general also has not changed - quotes stagnated. In general, the market yesterday failed to show good resistance to external negative. This reflects, on the one hand, the persistent attitude of speculators to continued growth and, on the other hand, unavailability of gathering of bears to overcome the fundamental levels.
Approximately the same situation is observed in the foreign stock exchanges. On the one hand, excess liquidity helps to maintain the interest of investors to risk, which is reflected in the growth of most stock indexes around the world. Simultaneously, the accumulated yield provokes participants to commit speculative profit, including dollar, given the approaching end of the fiscal year in the United States. Add to this the considerable instability of the world's major currencies - the dollar, and you get an idea of a rather contradictory picture of today's markets.
After ~ 10.12% growth indices last week, many of Russia's most liquid securities have been bought out, which increases the probability of technical correction. In its most mild form to reduce could be the level of the previous local maximum on the MICEX index ~ n. In the 1130 case, deepening the correct levels of support to serve the following levels in 1104, 1055 and 1017, n. The level of resistance remains the same - a maximum in June this year.
We believe that the volatility in the markets in the near future will increase. In the U.S. this week come the important macroeconomic data (retail sales, consumer price index), which can move the vector of market sentiment in the other, and in the other side.
3; user rated material on 4,3.
Analyst Ratings
Kommersant: The sale of electricity for export is proposed to gradually
Umansky: The Government has laid the draft state budget-2010 the price of imported gas $ 260 per 1000 cubic meters. m
Kommersant: The auditors found violations of the budget by more than 350 million hryvnia
European indexes decrease on Monday on fears of too strong rally
Futures on the S P500 decreased by 0,3%, contracts for WTI show no pronounced dynamics, bargaining at $ 68,8
RTS Index futures have risen in price on the session on 0,5% to 1190 40 points
The highest volatility in the markets is expected today in the evening, when the block will be released statistics from the U.S.
When the negative dynamics of futures for the opening of trading in the U.S. and world oil prices, the most liquid stocks of Russia may begin to decline
The situation on the equity market would be today as ambiguous as the external news background