key works on the TP & R in 2009 was the replacement of Uglich hydro power plant, the replacement of the Volga and Zhiguli hydro power plant, the replacement of transformers block Novosibirsk and Saratov hydroelectric power station. In addition, as a result of the program TPiR installed more modern equipment with better performance and higher reliability. For example, in 2009 on the Volga hydroelectric station was put into operation two upgraded 5-bladed turbines with a capacity increase of the hydraulic unit from 115 MW to 125.5 MW, which provided the station gains 21 MW of power.

the approved program of repairs in 2009 was carried out major repairs 32 generating units with total capacity 2 288 MW.

Program TPiR and repairs in 2010 will be even more ambitious, noted in the announcement of the company. The final volumes and sources of program TPiR and repairs of the investment program of OAO RusHydro be approved by the Board of Directors.

The main works on the TP & R in 2010 will be the reconstruction projects turbines Volga, Kama, Rybinsk hydroelectric power station, will also begin work on the comprehensive reconstruction of 500 kV switchyard Votkinsk HPS.

priority JSC RusHydro is providing technical safety and system reliability of existing generating facilities. Requirements to meet those conditions laid down sectoral regulatory framework and standards organizations, which are formed based on an assessment of assets.

In JSC RusHydro standards-based assessment of a system of basic equipment. In line with this assessment, comparable to its average physical wear turbine equipment of JSC “RusHydro is less than 40%, and less gidrogeneratornogo equipment - 30%. These figures allow for maintenance of equipment with the necessary level of reliability. The task of specialists of JSC “RusHydro, to plan for repairs and reconstruction of equipment is to maintain the required level of reliability in the long run.

In addition, the results of technical investigations into the causes of the accident at the Sayan-Shushenskaya HPP was formed a plan of action aimed at improving the reliability of all the branches of JSC “RusHydro. Activities include surveys of basic equipment and hydraulic structures. Also, great attention is paid to ensuring a guaranteed renewable energy power HPS. The introduction of activities in the production program is planned during periods of planned updates short and medium term programs of JSC “RusHydro.
The U.S. economy grew
Forex - in the European session
Bidding on the market place against a background of high volatility, the leaders reduction Rosneft and Gazprom Neft
In the steel sector now dominated by selling on the background of reducing the cost of industrial metals
The market remained “bullish” idea: “Gazprom jumped inside the day up to 2.5% on the results of financial statements for the III quarter 2009
Now on the market, the weak position of Russia in securities NLMK, they look worse than their steel counterparts
In the 4 th quarter of 2009, Mechel cut coal production by 4% to 5.434 million tons
Net profit of Rosneft on US GAAP for 2009 decreased by 36% to $ 6.514 billion
Overview of the market of precious metals for 29.01.10

Sales of military products in 2009 increased by 19,6% and amounted to 86 billion rubles. Sales of commercial aircraft increased in 2009 to 8,7% and reached 12.5 billion rubles. Funding research and development work on the part of Russia and commercial customers has been increased by 18,3%. Total sales revenue of R & D in 2009 amounted to 15.5 billion rubles.

volume of export deliveries in 2009, virtually unchanged at about 69 billion rubles, compared with 68.9 billion rubles in 2008. However, sales of aircraft and research and development in the domestic market in 2009 showed significant growth, increasing by 63,0%, domestic sales reached 45 billion rubles.

consolidated debt UAC in 2009 was reduced by 13% and amounted to 157 billion rubles. Reducing the debt associated with the initiation of a set of measures of state financial support to aerospace companies, the report said the KLA.

In 2009, the UAC has been demonstrated a significant increase in the production of aircraft (including the supply tehkomplektov) - were built and delivered to customers around 100 aircraft, compared with little more than “70 aircraft, built in 2008, reports company.

Enterprises UAC in 2009 were carried out deliveries of combat and combat-capable trainer aircraft for the purposes of the Ministry of Defense of Russia in the total of 40 aircraft. Export markets (Algeria, India, Malaysia, etc.) were delivered 27 aircraft and 18 tehkomplektov for their subsequent local assembly. During 2009 work was carried out to repair and upgrade more than 50 military aircraft.

In 2009 were built 17 and delivered to customers 14 civilian aircraft, including: four IL-96, five Tu-204, three Tu-214, two AN-148. The three aircraft involved in flight testing of a new family of regional aircraft SSJ-100, International which premiered at the Paris Airshow at Le Bourget in June 2009. In comparison with 2008 the volume of deliveries of commercial aircraft has increased from 9 to 14 aircraft.

In 2009, the authoridf3zed capital of OAO “KLA” was increased by 21.3 billion rubles (based on the nominal value of shares). Share capital increase was made in the placement of additional shares in the amount of 6 billion units in favor of Russia with the payment of purchased shares in cash, as well as during post a 15.3 billion of additional shares to pay their shares in subsidiaries and associates UAC .

capital UAC in 2009 was $ 131 605 358 105 rubles, the share of Russia in the capital UAC - 89,04%.

In order to ensure that the rights of private shareholders UAC from November 16, 2009 share UAC were admitted to trading on the RTS, and since January 26, 2010 at the MICEX SE. As of December 31, 2009 stock market capitalization of UAC was more than 50 billion rubles.
Analytics - the outcome of the day

Energy, World Stock Market, Currency, Weather …

Opening of the American stock indexes are now expected to top
Lose in a price rally metallurgical companies: NLMK (-3.9%), Severstal (-2.9%), MMC Norilsk Nickel (-1.6%)
At 16.00 Moscow time the price index value RGBI was 130.71, compared with the closing of Friday, it rose by 0.031%
Annual general meeting of shareholders “Tatneft” will be held June 25 in Almetyevsk
In 2010, TNK-BP will focus on the Yamal, Uvat and Verkhnechonsk projects
On Monday morning prices on the London Metal Exchange are stable
Euro still falling
The newly emerged echoes the tense situation with sovereign debt in the euro area

At the New York Stock Exchange NYMEH the March futures price of U.S. crude fell by 0.75, or 1.0%, and its price was 72.89 dollars per barrel.

The exchange ICE in London, Brent crude futures price fell 0.67, or 0.1%, to 71.46 dollars per barrel.

Causes
On Friday, Jan. 29 quotes on the market of “black gold” closed with a decrease in price under the following factors: 1 - strengthening of the dollar in the FOREX market against the backdrop of economic output makrostatistiki and news (GDP growth in the U.S. for 4 — First quarter was 5.7% while the forecast 4.6%), 2 - negative dynamics of the stock sites, where the major U.S. stock indices closed in the red zone (Dow Jones industrial average - 10067.33 (-53.13, or -0.52%), Nasdaq Composite - 2147.35 (-31.65 or -1.45%), SP 500 - 1073.87 (-10.66, or -0.98%)), 3 - reduction in adjacent markets, namely the drop in market prices of precious metals, 4 - on the eve of holidays, many investors chose to lock in profits some open positions that negatively impact on the oil quotations.

What to expect?
Many analysts point to the fact that oil prices are still within the trading range of 70-80 dollars per barrel and may have potential for further growth. The close relationship between oil prices and U.S. dollar is expected to continue to set the tone for trading on the oil market.

Why worry?
The main negative factors in the oil market are U.S. dollar and the technical picture, namely, the psychological and technical level of $ 80 per barrel, which does not allow to pass higher oil prices, thereby encouraging market participants to lock in profits on the open long positions.

Indexes in Europe have grown on 0,8-1,4% on good reporting companies, statistics from the U.S.
Shares of Gazprom - one of the few leading papers that are now traded in the market better
In the near future Russia”s stock market will stabilize and continue to rise
Shares of Gazprom (0.6%) show better dynamics in the oil and gas sector, the reporting company revived investor interest in securities
Dmitry Medvedev approved the DOCTRINE food security RF
Asian stock markets continue to decline against the background of data on industrial production
Entry into force of the treaty on the transfer of banking data to the U.S. authorities
Russia”s GDP up to 2009 declined by 7,9%
Umansky Framed Tymoshenko

Monday, February 1, Asian stock markets have shown negative dynamics. All investors” attention remains riveted on the credit policies of China, as well as to the budgetary problems of the Greek.

It is estimated that HSBC Holdings and Markit Economics, an index of business activity in China in January rose from 56.1 points to 57.4 points, showing the maximum gain since July 2008. Such a rapid growth rate may cause further tightening of monetary policy in the country.

As a result of trades regional index MSCI Asia Pacific sank to 0.3%. Taiwan TAIEX has lowered 1,52%, Australia SP /ASX 200 fell 1%, Chinese Shanghai A-shares lost 1.6%. Losers was Filipino PSEi, a decrease of 2,37%. No support for the overall negative dynamics of equity markets of Vietnam, Hong Kong, Thailand, Sri Lanka and South Korea.

Shares Hebei Iron Steel, the second largest unit in China steelmaker, lost 4% of the value after the deputy governor of the central bank of China announced the Government”s plans to curb the growth of excess capacity. Quotes Jiangxi Copper and Aluminum Corp. of China fell by more than 3,6%.

Papers of Chinese lenders have also suffered losses in connection with the expectation of tighter credit conditions. For example, shares of Bank of Communications and China Construction Bank “thinner” at 1,4% and 1,1% respectively.

Market capitalization Toshiba decreased by 6%. Japan”s largest manufacturer of computer memory cards lowered his forecast for annual sales of 5,9%.

Stock Honda Motor became “easier” to 2,5%. The automaker announced the withdrawal
646 000 cars from the markets of North America and Great Britain in connection with the failure of management power windows doors.

Papers of China Shenhua Energy retreated to 3.2%, leading the drop in shares of coal miners. The main reason for the decline was the reduction in the cost of fuel.

Values of the basic indexes on closing are resulted in the table:

Index	Country	Closing (items)	Delta day (items)	Change day (%)	value at beginning of year (the last closing in 2009)	Change YTD
SP /ASX 200	Australia	4,524.14	— 45.48	-1%	4870.64	-7.11%
All Ordinaries	Australia	4,544.81	-52.07	-1.13%	4882.71	-6.92%
Ho Chi Minh	Vietnam	486.95	4.99	1.04%	494.77	-1.58%
Hang Seng	Hong Kong	20,243.75	121.76	0.61%	21872.5	-7.45%
Hang Seng H-shares	Hong Kong	11,621.64	123.44	1.07%	12794.13	-9.16%
BSE 30 (Sensex)	India	16,356.03	-1.93	-0.01%	17464.81	-6.35%
Jakarta Composite	Indonesia	2,587.55	-23.25	-0.89%	2534.36	2.10%
Shanghai A-shares	China	3,084.56	-50.19	-1.6%	3437.46	-10.27%
CSI 300	China	3,152.71	-51.45	-1.61%	3575.68	— 11.83%
KLSE Composite	Malaysia	1,259.16	-5.35	-0.42%	1272.78	-1.07%
NZSE 50	New Zealand	3,150.97	-13.69	-0.432%	3230.15	-2.45%
Karachi 100	Pakistan	9,591.50	-22.69	-0.24%	9386.92	2.18%
Straits Times	Singapore	2,736.17	-9.18	-0.33%	2897.62	-5.57%
Bangkok SET	Thailand	491.21	0.44	0.09%	520.69	-5.66%
TAIEX	Taiwan	7,524.67	-115.77	-1.52%	8188.11	-8.10%
PSEi	Philippines	2,553.96	-69.98	-2.37%	3052.68	-16.34%
Colombo All-Shares	Sri Lanka	3,691.39	54.98	1.51%	3385.55	9.03%
KOSPI	South Korea	1,606.44	4.01	0.25%	1682.77	-4.54%
Nikkei 225	Japan	10,205.02	6.98	0.07%	10546.44	-3.24%
Topix	Japan	898.61	-2.51	-0.28%	907.59	-0.99%

The worst of the market traded Gazprom Neft and Rosneft, the better the market feels the regional sector “telecom”
In Russia the market realized the expected correction in the falling trend
Analysis of the futures and options VTB
Shares of metallurgical and oil and gas sectors traded “good market”, the greatest losses are NLMK, Gazprom Neft and Rosneft
Recommendations for market shares: LUKoil, Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank “
Exam for the dollar
OL initiates an extraordinary session of parliament on February 3 this year
Valuable trillion
Indexes in Asia, falling due to fears of tightening credit policies in China

Property prices and rental rates in Europe fell in 2009, the fastest pace in two decades that, in addition to the weakness of the pound will allow London to get around Munich, Hamburg and Paris and become the most attractive for investments in real estate financial capital of the world.

worst market for real estate investments for the second year in a row is considered to be Dublin. Investors are also reluctant to invest in offices in Moscow, Barcelona and Madrid, considering these markets are too risky.

best return on investment in the secondary sector recorded in Munich and Hamburg, as Germany”s economy last year out of the recession and its recovery is continuing of1bn the growth of world trade. However, both the German city of Istanbul, only a little lost, which has become a leader in the attractiveness of new development projects.

cost of offices in central London for 2 years before the end of July 2009 fell by 50%, but the last 4 months of 2009, property prices in London rose by 4.4%, while rents in the West End have stopped falling .

“The worst is behind us, and London has reached a bottom. There were fears that the market premiumnyh assets with good tenants shaped” bubble “- the head offices of real estate PwC John Forbes.

According to the Investment Property Databank, July-December 2009, sales offices in central London stood at 6 billion pounds ($ 9.6 billion), more than double the figure for the previous six months.

For example, in November, the state pension fund in South Korea spent 1.04 billion pounds to buy back the headquarters of the bank HSBC Holdings in a relatively new business district of Canary Wharf and the two buildings.

At the end of the day Russia”s stock market may deteriorate to a mark in the 1390 points on the MICEX Index
The level of support for fixed-term contract on RTS index today - 142 800 points
Recommendations on RTS Index futures for Monday
Russia”s airlines will increase traffic volumes
Top gainers on the RTS last week began to rally Rosinter, adding 28%
The main intrigue unfolded in the foreign exchange market
AMC investigating unjustified increase in prices for light petroleum products
Deposits of legal entities - Market Overview
Deposit for private individuals - Market Overview

different matter - promises to sponsors who finance the election campaign. Offend them, it means forever miss grace financial source, who can score well on the field opponent. Therefore, almost taking the oath of allegiance to the people of Ukraine, the new president will increase the welfare of those who helped him win the post. And pay for all will eventually have to state treasury, or rather, Ukrainian taxpayers. The team of Viktor Yanukovych”s first in the queue are pressure groups and Rinat Akhmetov, Dmitry Firtash. In the ranks of Yulia Tymoshenko - Tariel Vasadze and Konstantin Zhevago.

Everything will Donbass

Despite numerous attempts to get rid of Viktor Yanukovych”s critical financial dependence on Rinat Akhmetov, owner of SCM remains a major money-bags policy of “Party of Regions. Course, its financing Rinat Akhmetov has not in terms of charity, in the expectation of compensation incurred costs. Large and multi-disciplinary its business requires serious and multilateral public support that will ensure the newly head of state, from increased funding of state programs supporting the coal industry and the industry benefits that could be budgeted in 2010. Is from Mr Akhmetov and very specific desires, in the performance of which he hopes to help “their” president.

First of all, it plans for the notorious JSC Dniproenergo. The minimum objective - to preserve actual control over the enterprise, the maximum objective - to obtain a controlling stake in the course of privatization.

The saga surrounding the facility involves three parties: DTEK, themselves the owners of 44% shares of the company as a result of summer 2007, an additional issue, IR “Business-Invest” (controlled by the group “Privat”), challenged the deal, and the government of Yulia Tymoshenko . With the Prime Minister”s Rinat Akhmetov failed to agree in March 2009 which resulted in the final establishment of control over DTEK “Dniproenergo. Then premier loyalty quite fit into commenced between BYuT and the PR secret negotiations on the establishment of a broad coalition. And help potential business partners in the coalition had to witness the earnestness of Tymoshenko. However, “shirk” quietly died before birth. And therefore further contribute to solving business problems-be friends (at least publicly), Ms. Tymoshenko was no longer wanted. Moreover, shortly before the first ballot, she again thought of “Dniproenergo, threatening to return the company back under state control. This means a direct threat to Rinat Akhmetov lose one of its business assets, as happened in 2004, Viktor Pinchuk with Kryvorizhstal. Therefore, one of the first questions that will be on the agenda of the newly elected head of state (if they become Mr. Yanukovich), will unlock the privatization process. What would solve the most troubling issues of Sponsor, including on “Dniproenergo.

Presidential intervention and the need to implement plans to develop the Kerch area of the continental shelf of the Black Sea. DTEK is one of the investors Vanco Prikerchenskaya Ltd, which carries out the project. Through the efforts of Yulia Tymoshenko scheduled prior to the beginning of work in 2010 was blocked in April 2008, then Ministry of Natural Resources revoked the company”s license to develop Black Sea shelf. With the arrival of Viktor Yanukovych for the presidency Rinat Akhmetov, hoping to change that decision in its favor. Vanco Prykerchenska Ltd has prepared a work program and budget for 2010 on this project, calculated at $ 57 million

In turn, another group of influence in the PR - Firtash-Levochkina - with the victory of Viktor Yanukovych”s hopes to regain lost ground in the gas market. And this hope has recently been reinforced by the promise of an opposition candidate to review the ten-year gas contract with Gazprom. It is possible that the new agreement there is a place for ejected from the scheme of supply of gas broker. For Sergey Levochkina and his close associates (ex-head of Naftogaz of Ukraine “Yuriy Boiko and co-owner of RosUkrEnergo Dmitry Firtash) defeat of Viktor Yanukovich in the current election is like death. Indeed, in contrast to Rinat Akhmetov, who has repeatedly found the way to the heart of Yulia Tymoshenko and certainly can agree with her again, members of the “gas” of PR - almost personal enemies premiere. Coming to power, Yulia will not fail to get even with them for all any grievance.

largely thanks to “subversive” activities of the group Firtash-Levochkina were derailed talks on the establishment of a broad coalition of BYuT and the PR, and the Cabinet of Yulia Tymoshenko has repeatedly found itself on the verge of retirement. First of all, Dmitry Firtash may finally lose its regional gas companies. What is already hinted Lady Yu, threatening in case of debt of private companies to NAK “Naftogaz” to deprive of their licenses. In addition, ongoing litigation between the State Property Fund and JSC “Crimean Titan” rubber-stamp Mr. Firtash, on lease by the business Irshansk GOK and Volnogorskoe MMC - the main suppliers of raw materials for the company. If she wins Premier Firtash unlikely to be able to count on the continuation of rent for these two companies and even to supply their raw materials.

in serious need of financial support from the state budget and structures close to the group influence the brothers Kluyev. Although these businessmen presidency Viktor Yanukovych is not critically important. For Zaporizhzhya plant semiconductors Sergey Klyueva main problem is the supply of raw material - quartzite and technical silicon. And the company hopes to participate in approved last year, the state program “Silicon Ukraine to allocate 75 mln UAH. for commissioning scale Matskovskogo deposit quartzite. OOO Topenergo “close to the group Klyuev, already has a license for its development, but it needs more promotion and administration of the State to run the program. This will provide the plant with raw materials for production of polycrystalline silicon, the export of which may bring the company $ 800 - 900 million per year.

receive dividends on investment in the presidential campaign of Viktor Yanukovich means calculates and deputy Vyacheslav Boguslayev, Chairman of the Board of Directors of OJSC “Motor Sich”. The company needs to state aid, which is the first stage of modernization of production facilities is estimated at 300 million UAH. Vyacheslav Boguslayev Yulia Tymoshenko asked to provide these funds in the state budget for 2010, however, the main financial document of the country has not yet passed, and the “Motor Sich” can only hope for the victory of Yanukovych. After all, the leader of the OS is unlikely to hurt his representative in the CEC.

isolated from the heart

In contrast to Viktor Yanukovych, Yulia Tymoshenko, staying at the prime minister, was able to feed their sponsors, not only promises. Most large-scale support from the state last year received byutovets Tariel Vasadze. No stranger to him Corporation UkrAvto has received government order for production of vehicles for the disabled on the basis of the Chinese brand Chery. In October 2009 the Cabinet of Ministers of its decision to permit the consolidation “Ukrprotez” to draw under the state guarantees a loan of $ 400 million at the Chinese Export-Import Bank for the purchase of vehicles for people with disabilities. Funds should be spent on their purchase of a “UkrAuto. This contract will help the company stay afloat in a sharp decline in sales. And also improve the position in negotiations with creditors on debt restructuring, which to date hundreds of millions of dollars.

And it”s not all the benefits that may shed on the carmaker from the budget bins in the case came to power, Yulia Tymoshenko. Recently, it has publicly promised to develop and implement the scheme in the current year issue of consumer loans for purchasing domestic cars at 5% per annum. She also assured that he would insist on the renewal of the allowance for import duties on cars to 13%.

co-owner of “Finance and Credit” deputy Konstantin Zhevago hopes to receive in case of Yulia Tymoshenko wins contract for $ 800 million for the construction of Ukrainian warships class corvette. Plant “Bay”, located in the sphere of influence, Mr. Zhevago - one of the contestants. At the end of last year”s victory in the tender went to Black Sea Shipyard, which controls the partner Rinat Akhmetov of the holding company Metinvest businessman in Russia, Vadim Novinsky. But the decision of the Ministry of Defense Enterprise “Bay” intends to challenge in court. And with the advent of Yulia Vladimirovna for president Konstantin Zhevago hoped that the verdict of Defense (head of the agency will propose to parliament is the guarantor) will be reviewed. Although there is worth mentioning that the same tender jackpot is in the area of interest and the plant “Lenin”s smithy”, controlled by the current situational ally Yulia Tymoshenko, Foreign Minister Peter Poroshenko. The company”s management also intends to sue for the right to build military ships.

way, part of their bonuses for the financial support of BYuT Konstantin Zhevago already received, according to some data in the form of refinancing NBU Bank Finance and Credit “in the order of 5 billion UAH.

Prudent enter for a presidential candidate Tymoshenko - brothers beets - have received their benefits from cooperation with the candidate until he became head of state. In particular, a “brotherly” Brokbusinessbank pass all the financial flows of the election campaign of Tymoshenko. Volodymyr Boyko, who recently enrolled in its allies hoped to resolve the financial problems of the enterprise, among which one of the most painful - the VAT refund. Favorable attitude to the Prime Minister has already brought them to the CMI. Illich dividends in the form of partial repayment of budgetary arrears on this tax. Other plant may receive after successful completion of Yulia Tymoshenko for the presidential election.

By and large, for many representatives of big business is not much difference in who wins it in the cd8durrent presidential campaign. As the most far-sighted and financially secured business prudently built bridges with the two remaining contenders for the main seat of the country. That is why the first steps the new President (regardless of his personality) is quite predictable: an active part in preparing the country”s main estimates for the current year, which will enable “ottantsevat” most of these promises to sponsors, as well as the unblocking of the privatization process, which will complete the list of executed “hotelok “those who helped the head of state to take this post.

Jarema Gorodchuk

In the early hours of the session on Russia”s market bidding will take place in the “red zone” in the future expected volatility countervailing dynamics
Railways have a patent strategy to 2030
Annual turnover of “Yandex” has grown by 14% and amounted to 8.7 billion rubles
Trading on the American sites have opened growth of the main indexes
Forex Market 01/02/1010
Milestones week

Lutsenko hung, Chekhov became a poet, Litvin gone over …

Forex Asia
In Russia”s market under the effect of falling oil prices continue to sell, the negative dynamics can be preserved until the end of the day
The negative dynamics of Russia”s market to continue during today”s trading session

Maintain long positions in ordinary shares of “Gazprom” (GAZP RX) from the nearest to 195.0 rubles.

Maintain long positions in ordinary shares of LUKOIL (LKOH RX) with the immediate goal in 1750 rubles.

double long positions in ordinary shares in Rosneft “(ROSN RX) in the case of quotations to reduce 225.0-228.0 rub. with the immediate goal of 260.0 rubles.

double long positions in ordinary shares of Gazprom Neft “(SIBN RX) in the case of quotations to reduce 145.0-147.0 rub. with the immediate goal of 175.0 rubles.

Buy (1 /3 limit) preference shares of Surgutneftegaz “(SNGSP RX) in the case of quotations to reduce 14.25-14.30 rubles. with the immediate goal at 16.00 rubles.

Keep long positions in preferred shares of Transneft “(TRNFP RX) with the immediate goal of 28,000 rubles.

Maintain long positions in ordinary shares VTB (VTBR RX) with the immediate goal of 0.0800 rubles.

Maintain long positions in ordinary shares of FGC (FEES RX) with the immediate goal of 0,360 rubles.

Buy (the remaining 1 /3 limit), the March futures on the RTS index (VEH0) in the case of reduction of quotations to 1430-1435 points with the immediate goal of 1500 points.

Raw

Preserve long positions in the March oil futures WTI (CLH0) with the immediate goal of $ 80.00 and stop loss on a mark of $ 70.40.

log in and see the material;; 4; user rated material on 3,2.

Analyst Ratings

Cheap Mortgages
Li Keqiang: Stable RMB exchange rate is a contribution to the global economy
Bankers are retreating in the face of criticism in Davos
Dollar depreciated - a review of cash markets
Fog over

Davos World Economic Forum in Davos of the many global issues clearly responded to only one …

Speculative recommendation on shares of Norilsk Nickel, Gazprom, Lukoil, Sberca4bank and VTB
Higher global inflation and investment risks continue to limit the possibility of growth of quotations, including index MICEX
Dollar exchange rate to the ruble today on the MICEX was 30.41 rubles
The main negative factors in the oil market are U.S. dollar and the psychological and technical level of $ 80 a barrel

Trading revenues of JSC “The Seventh Continent” for December 2009 increased by 17% in ruble terms and amounted to 5 664 million rubles. The growth of regional sales for December up 13% in ruble terms, the report said retailers.

increase the average purchase in the shops of the company in 2009 to a figure comparable to 2008 amounted to 0,6%. The number of buyers in the shops of the company increased by 11%. Revenue growth for comparable stores (LFL) for 2009 in ruble terms was 4.2%.

At the end of 2009 compared to 2008, the trading area of shops JSC “The Seventh Continent” ( “The Seventh Continent”, “Our Hypermarket”, and “Open space”) increased by 7% and amounted to 184,0 thousand square meters. m.

In December 2009 the company opened 1 store supermarket format “Seventh Continent - Next to the house” in Moscow. Since early 2009 the company opened 5 new stores, including 2 hypermarkets. The total trade area of open shops was 18,6 thousand square meters. meters. At the end of December 2009 a chain of stores the company has 142 stores, including 132 supermarkets and 10 hypermarkets.

company”s development plans for 2010 include the opening of the 3-format stores, hypermarket, including in the new company to Vologda and Kaluga regions, and an 11-store format “supermarket” in the Moscow region. Opening stores format “hypermarket” will be held in Vologda, Obninsk, Reutov.

By entering new areas and further work on the operating efficiency, the company intends to significantly increase cash flow and reduce debt burden, the report said JSC “The Seventh Continent”. According to the management accounts as at 31.12.2009 the company”s consolidated debt amounted to 8.8 billion rubles.
On the first day of February in Russia”s stock market can go immune to the effects of negative external background
After a morning “gap down likely stabilization of Russia”s stock market
Toward the end of the session may increase trading volume and the formation of a more definite trend
Today the attentiond49of Russian investors will be drawn to statistics by industrial activity in the euro area
In the first ten days of January, “The first cargo company to 5,2% increase in coal transportation from the Krasnoyarsk railway stations
Court of Appeal upheld the FAS Russia and ordered the “daughter” LUKOIL “to pay a fine of 18.391 million rubles
European stock markets finished the day in positive territory
Forex: Euro grows up a bit in the Forex against U.S. dollar
Morgan Stanley plans to hire hundreds of traders around the world

At the auctions in the U.S. observed the dynamics of the falling of quotations. The market ignored a favorable change in the GDP statistics, and decided to take profits. The reason for the decrease was the reduction of “risk appetite” among investors because of worsening geopolitical situation in the world and the continued withdrawal of negative corporate news from the technology sector, which on this against the background looked worse than the market. As a result of the auctions the index of wide market SP 500 fell 0.98%.

External background on Russia”s market opened moderately negative. Japanese Nikkei grew by 0.07%, Chinese Shanghai Composite is reduced by 1.51%. London Brent traded at a mark of $ 71.3 for the March contract. Currency pair EUR /USD is trading at 1.388. Futures on the U.S. S P500 grow by 0.3%.

Today, the dynamics of bidding will be determined by changes in the “risk appetite” of Western investors, which will affect the movement of quotes in the currency markets, and especially the dynamics of cross-rate euro /yen. In general, now the yen and the dollar looks overbought in the near future, we may well see a significant correction in their prices in favor of the euro. Bidders now pay attention to the value of indexes of business activity in the industrial area in Germany, the EU and the United Kingdom at 11:55, 12:00 and 12:30 Moscow time, respectively. Then adjust the basic market dynamics will change in publication costs and incomes in the United States at 16:30 Moscow time, after which the mood of the market will set the publication index of business activity in the manufacturing sector in the U.S. and the statement by Timothy Geithner at 18:00 Moscow time. At the moment, the stock and commodity markets look oversold, and quite possible a quick rebound in prices on them due to rising interest in risky assets in the world.

important indicator of the emergence of interest in the risk for investors will be the interpretation of the U.S. budget for the new year, which according to preliminary data will be scarce at 1.6 trillion. instead of the expected U.S. $ 1.3 trillion. because of the growth incentive programs designed to reduce unemployment in the country. Thus, after opening in negative zone, we expect the stabilization of trades on the MICEX index in the range of 1400-1410 points and the further growth of the index in the second half of the session.

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Analyst Ratings

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few months ago, the most risky of Ukrainians were tempting idea to cheaply get rid of the unbearable credits …

Russia market remains one of the few world sites that are in positive territory since the beginning of the year
Another drop in oil prices once agad0cin is the main negative for the shares of Rosneft, Lukoil, Tatneft
Accelerating the reduction of quotations on the market of Russia in the coming days it is very likely
Rising futures on U.S. indexes suggest that Russia”s indexes can go in, plus the opening exchanges of America

In the first nine months of 2009 net revenues from gas sales decreased by 34 873 million rubles., or 2% over the same period in 2008, and amounted to 1 547 538 million rubles. that, in general, was due to lower volumes sold in all geographic segments. In this case, the estimated average price of gas, expressed in rubles, in all geographic segments formed above the corresponding period last year.

In the first nine months of 2009 net revenues from the sale of natural gas to Europe and other countries increased by 2 906 million rubles. compared to the same period in 2008, and amounted to 995 816 million rubles. This is due mainly to higher average realized prices, denominated in rubles (including excise and customs duties), 5%, which was offset by lower sales volumes of gas by 11%, or 16 billion cubic meters. m. The increase in revenues from gas sales in a given geographical segment is provided, mainly, higher prices for gas for 1 quarter 2009

In the first nine months of 2009 net revenues from gas sales to the former Soviet Union fell by 23 557 million rubles., or 9%, compared to the same period in 2008, and amounted to 225 758 million rubles. Reduced sales in this segment is attributable to lower sales volumes of gas in kind at 50%, or 35.6 billion cubic meters. m, which was compensated by an increase of 87% average realized prices, denominated in rubles (including excise and customs payments and net of VAT).

In the first nine months of 2009 net revenues from gas sales in Russia fell by 14 222 million rubles., or 4%, compared to the same period in 2008, and amounted to 325 964 million rubles. This is due mainly to lower volumes of gas sold for 11% or 21.7 billion cubic meters. m, which was partially offset by an increase in average selling price of gas in the domestic market as determined by the Federal Tariff Service.

In the first nine months of 2009 net revenues from the sale of oil and gas products decreased by 150 498 million rubles., or 27%, compared to the same period in 2008, and amounted to 402 361 million rubles. The reduction was due, above all, change the order of reflection Sibur Group, as well as falling prices for oil and gas products.

In the first nine months of 2009, the net proceeds from the sale of crude oil and condensate production fell by 68 749 million rubles., or 36%, compared to the same period in 2008, and amounted to 122 336 million rubles. Reduction of the proceeds from the sale of crude oil and condensate, primarily due to the activities of “Gazprom oil”: the first nine months of 2009 net sales of crude oil declined by 56 753 million rubles., Or 33%, compared with the same period of 2008, and amounted to 113 506 million rubles.

In the first nine months of 2009 net revenues from the sale of electricity and thermal energy increased by 78 318 million rubles., or 60%. The increase in revenues from the sale of electricity and heat, mostly related to the inclusion in the consolidated accounts as subsidiaries of OAO “WGC-2″ and OAO “WGC-6″, and the activities of Mosenergo, and Gazprom Group of Germany. ”

In the first nine months of 2009 operating expenses compared to the same period of 2008 increased by 250 079 million rubles., or 16%, and amounted to 1 821 656 million rubles.

The main article, whose growth has caused an increase in total operating expenses, a “Purchased oil and gas” (191 257 million rubles.). Thus the cost of purchasing natural gas has increased by 213 546 million rubles., Or 64%, the cost of purchasing crude oil prices fell to 22 289 million rubles., Or 17%. Increased expenditure on the purchase gas is mainly due, c increase in prices for Central Asian gas as compared to the same period last year, as well as the growth of trade in sale of gas to the European market and, consequently, increasing the volume of gas purchased at the same time. The increase also occurred for the following: “goods for resale, including oil and gas products (35 061 million rubles).” Transit of gas, oil, and oil and gas products (29 432 million rubles.), And Depreciation (10 211 million rub.) “Other” (28 122 million rubles.). The growth of spending on these items was offset by lower costs as follows: “Taxes other than income taxes (35 191 million rubles. - This change is due to reduced tax on extraction of 53 856 million rubles.),” The cost of electricity and heat (7 945 million rubles.), “The cost of repair, operation and maintenance (7 412 million rubles.),” Materials “(4 421 million rubles.).

profit margin for the period attributable to equity holders of OAO Gazprom, for the 9 months of 2009 amounted to 470 874 million rubles. that the 234 536 million rubles., or 33% less than the same period in 2008

Net debt (defined as short-term borrowings and current portion of long-term loans, short-term notes payable, long-term loans, long-term notes payable and restructured tax liabilities, net of cash and cash equivalents, as well as cash and cash equivalents restricted for use in accordance with the terms of certain borrowings and other contractual obligations) increased by 450 745 million rubles., or 44%, with 1 018 346 million rubles. as at 31 December 2008 to 1 469 091 million rubles. at September 30, 2009 This is explained mainly by an increase in long-term loans.

The table below presents the unaudited consolidated interim condensed statement of comprehensive income under IFRS for the nine months ended September 30, 2009 and 2008. All amounts are presented in millions of Russian rubles.

Russia at the opening of the market is waiting to move dod19wnwards, while the MICEX index will test support around 1400 points
Today, continued decline of commodity stocks, the market can look better “telecom”
Technical analysis of oil prices, U.S. index and a pair of euro-dollar - all spoke in support of domestic “Bears”
In 2009, the company reduced shipments of ChTPZ pipe production by 23% to 1.131 million tons
Sberbank intends to acquire 60% stake in manufacturer”s packaging GOTEK
LUKoil signed a contract to develop West Qurna-2 in Iraq
On Friday, the U.S. stock market dominated by pessimism
The U.S. dollar continued to strengthen steadily against the European and “commodity” currencies
Review of the FOREX market for 29.01.10