Yesterday
stock trading in Russia yesterday on the results of the auctions have closed a good growth. RTS index on the basis of today's trading session has increased by 2,77%, reaching 1,093.04 points. MICEX Index also grew to 2.43% to 1,111.92 mark.
Day off in the United States has led to low trading activity around the world, as investors first pay attention to the dynamics of futures for U.S. indices.
The banking sector continues to show the dynamics of the best market. Good circulation is taking place in preference and ordinary shares of the Savings Bank (6.63% and 4% and VTB (9.35%). However, the papers of the Savings Bank are rather difficult after the rally of recent days. According to many experts, to be replaced Sberbank may come Paper VTB. However, we believe that yesterday's increase in shares of VTB is speculative and limited information on the background to appear that the bank has placed an additional issue totaling $ 180.34 billion, the offering price was 4.82 kopeks, and in addition to state participated in the purchase of 795 shareholders.
U.S. Market
hours trading on the American sites have been conducted.
European stock trading ended yesterday, the growth of quotations. Bidding closes in the green zone is the third consecutive week. The focus of traders' transactions MA in food and mining industries, as well as the agreement a big twenty to coordinate measures to overcome the crisis.
From the news it should be noted statement by the former head of the U.S. Federal Reserve Alan Greenspan, who argues that inflation in theU.S. a few years achieved double-digit values, if the Fed does not tighten monetary policy. According to his forecast, inflation in the U.S. can begin to grow in 2012, when the regime is not taking measures to reduce the money supply.
Oil
Futures on the black gold are now showing positive dynamics. On the trading floors are still dominant speculation that the upcoming OPEC meeting will be decided on maintaining its output at the same level, despite an increase in energy reserves in the United States, one of the world's largest importer of fuel.
OPEC meeting will be held tomorrow in the Austrian capital. On the eve of Kuwait's oil minister Sheikh Ahmad al-Sabah announced that it is unlikely to be discussed by the reduction of quotas. In the U.S., moreover, went to the end of the season of active driving directions, and, consequently, analysts expect a reduction in demand for gasoline. Completion of the season symbolically timed to coincide with the U.S. national holiday - the Day of Labor, because of which shopping malls in the country were closed before.
No, as of 09:30 Moscow time futures WTI grow by 0,8% to above $ 68.44 per barrel, while Brent futures on hold at $ 67.02 per barrel.
Asia
Asian stock sites are now showing raznopravlennoe movement of the main indices of the slowdown in lending in the country of the rising sun, as well as strengthening the yen against the dollar. Growth in Japanese bank lending continues to fall eighth straight month because of cuts in spending by companies and rising unemployment, which reached record highs, the report said the Central Bank of the country.
Against this backdrop, the Japanese Nikkei grows by 0,3%, the index of wide market Topix falls to 0,2%. Korean Kospi rising by 0,2%. Chinese CSI 300 INDEX growing by more than 0,5%.
Today
External background before opening the bidding in Russia - neutral.
• Quotations oil consolidated above the level of $ 65;
• Futures on U.S. indexes are traded in the slight increase;
• Asia as a whole demonstrates the dynamics of differently directed.
• Futures on the RTS index in the night session added more than 1%.
Perhaps now, the bulls once again will try to break the 1,130 point mark on the MICEX index, and if this resistance level will be taken, then we will have good speed on the background of the massive closure of short positions.
But while the market continues to lateral movement in a broad corridor of 1020-1130 points on the MICEX index and reasons for withdrawal from this corridor is not yet seen.
In the current situation, we continue to recommend investors to be prudent with purchases, as not rule out another downward correction in the near future, which can occur suddenly in the background of the deteriorating macroeconomic situation.
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Analyst Ratings
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Course at the bottom
Hryvnia relives devaluation pressure …
Forex - results of the day at the market
On Tuesday, the market is not expected to yield significant macroeconomic indicators, trades are supposed to be quiet
Shares VTB and Sberbank will continue to climb, which began last night, better than the market will also be paper metallurgical sector
Quotes of the ruble against the dollar and the currency basket of the MICEX today are 31,42 and 37,52 respectively of the ruble
Shares Russia's banking sector can save a wave of growth, which partly contributes to the growth of their ADRs
Today in Russia the market is unlikely to experience an active and continuous growth of quotations throughout the day
Opening of Russia's stock exchanges is expected with a slight gepom up on the RTS
Growing demand for shares of global financial companies will be able to support Russia's banks' securities
Today the bulls once again will try to break the 1,130 point mark on the MICEX
Yesterday
stock trading in Russia yesterday on the results of the auctions have closed a good growth. RTS index on the basis of today's trading session has increased by 2,77%, reaching 1,093.04 points. MICEX Index also grew to 2.43% to 1,111.92 mark.
Day off in the United States has led to low trading activity around the world, as investors first pay attention to the dynamics of futures for U.S. indices.
The banking sector continues to show the dynamics of the best market. Good circulation is taking place in preference and ordinary shares of the Savings Bank (6.63% and 4% and VTB (9.35%). However, the papers of the Savings Bank are rather difficult after the rally of recent days. According to many experts, to be replaced Sberbank may come Paper VTB. However, we believe that yesterday's increase in shares of VTB is speculative and limited information on the background to appear that the bank has placed an additional issue totaling $ 180.34 billion, the offering price was 4.82 kopeks, and in addition to state participated in the purchase of 795 shareholders.
U.S. Market
hours trading on the American sites have been conducted.
European stock trading ended yesterday, the growth of quotations. Bidding closes in the green zone is the third consecutive week. The focus of traders' transactions MA in food and mining industries, as well as the agreement a big twenty to coordinate measures to overcome the crisis.
From the news it should be noted statement by the former head of the U.S. Federal Reserve Alan Greenspan, who argues that inflation in theU.S. a few years achieved double-digit values, if the Fed does not tighten monetary policy. According to his forecast, inflation in the U.S. can begin to grow in 2012, when the regime is not taking measures to reduce the money supply.
Oil
Futures on the black gold are now showing positive dynamics. On the trading floors are still dominant speculation that the upcoming OPEC meeting will be decided on maintaining its output at the same level, despite an increase in energy reserves in the United States, one of the world's largest importer of fuel.
OPEC meeting will be held tomorrow in the Austrian capital. On the eve of Kuwait's oil minister Sheikh Ahmad al-Sabah announced that it is unlikely to be discussed by the reduction of quotas. In the U.S., moreover, went to the end of the season of active driving directions, and, consequently, analysts expect a reduction in demand for gasoline. Completion of the season symbolically timed to coincide with the U.S. national holiday - the Day of Labor, because of which shopping malls in the country were closed before.
No, as of 09:30 Moscow time futures WTI grow by 0,8% to above $ 68.44 per barrel, while Brent futures on hold at $ 67.02 per barrel.
Asia
Asian stock sites are now showing raznopravlennoe movement of the main indices of the slowdown in lending in the country of the rising sun, as well as strengthening the yen against the dollar. Growth in Japanese bank lending continues to fall eighth straight month because of cuts in spending by companies and rising unemployment, which reached record highs, the report said the Central Bank of the country.
Against this backdrop, the Japanese Nikkei grows by 0,3%, the index of wide market Topix falls to 0,2%. Korean Kospi rising by 0,2%. Chinese CSI 300 INDEX growing by more than 0,5%.
Today
External background before opening the bidding in Russia - neutral.
• Quotations oil consolidated above the level of $ 65;
• Futures on U.S. indexes are traded in the slight increase;
• Asia as a whole demonstrates the dynamics of differently directed.
• Futures on the RTS index in the night session added more than 1%.
Perhaps now, the bulls once again will try to break the 1,130 point mark on the MICEX index, and if this resistance level will be taken, then we will have good speed on the background of the massive closure of short positions.
But while the market continues to lateral movement in a broad corridor of 1020-1130 points on the MICEX index and reasons for withdrawal from this corridor is not yet seen.
In the current situation, we continue to recommend investors to be prudent with purchases, as not rule out another downward correction in the near future, which can occur suddenly in the background of the deteriorating macroeconomic situation.
1; user rated material at 4.
Analyst Ratings
Course at the bottom
Hryvnia relives devaluation pressure …
Forex - results of the day at the market
On Tuesday, the market is not expected to yield significant macroeconomic indicators, trades are supposed to be quiet
Shares VTB and Sberbank will continue to climb, which began last night, better than the market will also be paper metallurgical sector
Quotes of the ruble against the dollar and the currency basket of the MICEX today are 31,42 and 37,52 respectively of the ruble
Shares Russia's banking sector can save a wave of growth, which partly contributes to the growth of their ADRs
Today in Russia the market is unlikely to experience an active and continuous growth of quotations throughout the day
Opening of Russia's stock exchanges is expected with a slight gepom up on the RTS
Growing demand for shares of global financial companies will be able to support Russia's banks' securities