Yesterday's downward peak was largely predetermined by the rampant growth during the previous six trading sessions in a row. Recall that, in this rapidly growing up, Russia's stock market indicators are often openly ignored the negative information coming from external markets.
yesterday, the situation in which a degree was back - with an increase in risky instruments in foreign exchange and commodity markets, domestic exchanges were under the pressure of sales. In this case, not least, sales were amplified against the backdrop of growing volumes.
Recall that the bull activity continued yesterday in the primary assets such as oil and gold. Thus, the price of oil in the mode of electronic trading in New York rose 1.03 dollars to the level of 74.30 dollars per barrel, and the rate of gold yesterday reached a new record high of 1068.40 dollars per ounce, which, in turn, led to a resumption of growth rates of Australian , New Zealand and Canadian dollar, and then all the major currencies.
It is noteworthy that the growth of petroleum quotations did not affect investors' decisions to fix the positions in shares of oil and gas sector: Rosneft (-4.98%), LUKOIL (-3.58%), Gazprom (-1.26%), Surgutneftegaz (-2.83%).
amid expectations the financial reporting the largest U.S. banks, not the best way to feel the paper yesterday, and Russia's banking sector: VTB Bank (-4.98%), Sberbank (-3.59%).
also observed fixation positions and actions of domestic industry: MMC Norilsk Nickel (-4.44%), Severstal (-0.16%).
And leaders of growth yesterday flashed all the familiar faces: OGK-5 (10,28%), OGK-3 (6.63%), OGK-2 (5,70%), OGK-6 ( 3,63%). And by bullish sight were other papers of the energy sector - pretty added Eng Hydro shares (4.07%), IDC UK (4.76%), Kuzbasenergo (2.09%).
Recall that the shares of generating companies significantly lag behind the market over the past months, and during the amplification correction moods, they have traditionally been the targets of the application of consumer activity. These sentiments are particularly noticeable on the background of the fall of the traditional market chips.
As a result, at the end of the day, the MICEX index dipped to -2.7%, to 1320.7 points and the RTS index dropped by -1.96%, to 1400.02 points mark.
Note that the decline on Tuesday was also observed at European venues, where a drop in prices, however, was considerably more moderate.
affected by the wave of pessimism was yesterday, and the American stock market, the key indices which can not complete the session in the Green Zone.
In our opinion, yesterday's decline on the Russian sites have not been able to fully implement the long overdue correction. Therefore, we expect that by the end of this week will be implemented next wave decline.
Today in the United States will be issued a large pool of statistics, attention to which is very large. But the most interesting, in our opinion, may be publishing the minutes of the Fed's Open Market Committee of the United States on September 22-23 at 18:00 GMT, and a financial report for the third quarter financial services company JP Morgan Chase.
After a classical upward retracement, which often follows such a huge drop, which was yesterday's motion, aggressive short-term players, we believe, will once again find an opportunity for profit in intraday sales of Russian chips in the coming session.
This medium-term investors, outside the market, should await the completion of a downward correction, after which the purchase of shares of leading domestic issuers once again become relevant.
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Overview of the oil market for 13.10.09
Until the end of this week at Russia's market can be realized by another wave reduction
 Yesterday's downward peak was largely predetermined by the rampant growth during the previous six trading sessions in a row. Recall that, in this rapidly growing up, Russia's stock market indicators are often openly ignored the negative information coming from external markets.
yesterday, the situation in which a degree was back - with an increase in risky instruments in foreign exchange and commodity markets, domestic exchanges were under the pressure of sales. In this case, not least, sales were amplified against the backdrop of growing volumes.
Recall that the bull activity continued yesterday in the primary assets such as oil and gold. Thus, the price of oil in the mode of electronic trading in New York rose 1.03 dollars to the level of 74.30 dollars per barrel, and the rate of gold yesterday reached a new record high of 1068.40 dollars per ounce, which, in turn, led to a resumption of growth rates of Australian , New Zealand and Canadian dollar, and then all the major currencies.
It is noteworthy that the growth of petroleum quotations did not affect investors' decisions to fix the positions in shares of oil and gas sector: Rosneft (-4.98%), LUKOIL (-3.58%), Gazprom (-1.26%), Surgutneftegaz (-2.83%).
amid expectations the financial reporting the largest U.S. banks, not the best way to feel the paper yesterday, and Russia's banking sector: VTB Bank (-4.98%), Sberbank (-3.59%).
also observed fixation positions and actions of domestic industry: MMC Norilsk Nickel (-4.44%), Severstal (-0.16%).
And leaders of growth yesterday flashed all the familiar faces: OGK-5 (10,28%), OGK-3 (6.63%), OGK-2 (5,70%), OGK-6 ( 3,63%). And by bullish sight were other papers of the energy sector - pretty added Eng Hydro shares (4.07%), IDC UK (4.76%), Kuzbasenergo (2.09%).
Recall that the shares of generating companies significantly lag behind the market over the past months, and during the amplification correction moods, they have traditionally been the targets of the application of consumer activity. These sentiments are particularly noticeable on the background of the fall of the traditional market chips.
As a result, at the end of the day, the MICEX index dipped to -2.7%, to 1320.7 points and the RTS index dropped by -1.96%, to 1400.02 points mark.
Note that the decline on Tuesday was also observed at European venues, where a drop in prices, however, was considerably more moderate.
affected by the wave of pessimism was yesterday, and the American stock market, the key indices which can not complete the session in the Green Zone.
In our opinion, yesterday's decline on the Russian sites have not been able to fully implement the long overdue correction. Therefore, we expect that by the end of this week will be implemented next wave decline.
Today in the United States will be issued a large pool of statistics, attention to which is very large. But the most interesting, in our opinion, may be publishing the minutes of the Fed's Open Market Committee of the United States on September 22-23 at 18:00 GMT, and a financial report for the third quarter financial services company JP Morgan Chase.
After a classical upward retracement, which often follows such a huge drop, which was yesterday's motion, aggressive short-term players, we believe, will once again find an opportunity for profit in intraday sales of Russian chips in the coming session.
This medium-term investors, outside the market, should await the completion of a downward correction, after which the purchase of shares of leading domestic issuers once again become relevant.
5; users rated material on 3,2.
Analyst Ratings
The crisis on the pharmaceutical market is just beginning
Bloomberg: Putin's visit to China will help Russia to acquire the status of a global energy supplier
Where to get money to Euro?
President again vetoed the law on Euro-2012, which requires NBU to allocate nearly $ 10 billion hryvnia to the end of the year …
Price zalet
With Expensive more - cheese, potatoes or sausage ?…
Forex Asia
As the stabilization of the situation an increasing number of participants of the stock market will pay attention to less visible Paper
The euphoria on stock markets draws to a close
In the coming days is expected to scale correction, should be cut positions in Russian blue chips
Overview of the oil market for 13.10.09