Russian stock market: the end of correction?
By 11:30 Moscow time, Russian stock indexes show positive dynamics: RTS (1,27%), MICEX (0,74%). Since it opened in positive zone with a small gepom up, Russian ground continued upward movement. Neutral speaker at the opening of European stock exchanges supports the growth of the Russian market: British FTSE balances in the region yesterday, closing, French CAS40 reduced by 0,05%.
The optimism of players on the opening contributed to yesterday”s close of U.S. indices in positive territory. Dow Jones closed at 10,296.85 on, which corresponds to an increase in 1,09%, S P500 was 1103.32 n. (1,29%).
Asia-Pacific stock index on Wednesday morning, also show positive dynamics. On the oil market on Wednesday we see the prices of almost $ 0.5 above yesterday”s values, which supports shares oil and gas sector. Price of the July futures contract for WTI crude oil is 77.59 dollars per barrel.
Almost all Russian “blue chips” at 11.30 are in the Green Zone. Quotes of the most liquid shares on MICEX are as follows: Gazprom - 193 rubles (0.6%), Lukoil - 1727 rubles (0,98%), Rosneft - 245 rubles (1,41%), Norilsk Nickel - 4802 rubles (0, 46%), Sberbank - 88.3 USD (0,31%), VTB - 0.0762 USD (0,4%), RusHydro - 1,309 rubles (0,31%).
Among them distinguish important messages: <1000br />
Severstal released its production results for the 4 th quarter and the year 2009. We estimate published operational results of Severstal as a positive, the company continues to restore capacity utilization, and the main effect of this recovery, we expect to see in 2010. Another positive factor was the growth in sales prices of virtually all products Severstal. We expect that the market will respond positively to the operating statements of the company.
CMI published operational results for the 4 th quarter and the year 2009. We appreciate opublikovannye production results as neutral, but some decrease in production in the fourth quarter could have a local pressure on stocks.
positive background in the world trading floors and high energy prices do not give the Russian market to continue its correction. Recommended to restore the position of Russian actions with local reduction. Smart investors should pay attention to the oil and gas companies, which are the most undervalued on comparative multiples with world analogues.
High profitability - the result of successful trading strategy. Choose the appropriate strategy in the Trade Center.
| Log in and enjoy the material;;
1; user rated material at 4.
|
Analyst Ratings
|
Read More »
Almost all the blue chips are in the “green zone”: “Gazprom” (0,6%), Rosneft (1,41%), Norilsk Nickel (0,46%), Sberbank (0,31 %)
Russian stock market: the end of correction?
By 11:30 Moscow time, Russian stock indexes show positive dynamics: RTS (1,27%), MICEX (0,74%). Since it opened in positive zone with a small gepom up, Russian ground continued upward movement. Neutral speaker at the opening of European stock exchanges supports the growth of the Russian market: British FTSE balances in the region yesterday, closing, French CAS40 reduced by 0,05%.
The optimism of players on the opening contributed to yesterday”s close of U.S. indices in positive territory. Dow Jones closed at 10,296.85 on, which corresponds to an increase in 1,09%, S P500 was 1103.32 n. (1,29%).
Asia-Pacific stock index on Wednesday morning, also show positive dynamics. On the oil market on Wednesday we see the prices of almost $ 0.5 above yesterday”s values, which supports shares oil and gas sector. Price of the July futures contract for WTI crude oil is 77.59 dollars per barrel.
Almost all Russian “blue chips” at 11.30 are in the Green Zone. Quotes of the most liquid shares on MICEX are as follows: Gazprom - 193 rubles (0.6%), Lukoil - 1727 rubles (0,98%), Rosneft - 245 rubles (1,41%), Norilsk Nickel - 4802 rubles (0, 46%), Sberbank - 88.3 USD (0,31%), VTB - 0.0762 USD (0,4%), RusHydro - 1,309 rubles (0,31%).
Among them distinguish important messages: <1000br />
Severstal released its production results for the 4 th quarter and the year 2009. We estimate published operational results of Severstal as a positive, the company continues to restore capacity utilization, and the main effect of this recovery, we expect to see in 2010. Another positive factor was the growth in sales prices of virtually all products Severstal. We expect that the market will respond positively to the operating statements of the company.
CMI published operational results for the 4 th quarter and the year 2009. We appreciate opublikovannye production results as neutral, but some decrease in production in the fourth quarter could have a local pressure on stocks.
positive background in the world trading floors and high energy prices do not give the Russian market to continue its correction. Recommended to restore the position of Russian actions with local reduction. Smart investors should pay attention to the oil and gas companies, which are the most undervalued on comparative multiples with world analogues.
High profitability - the result of successful trading strategy. Choose the appropriate strategy in the Trade Center.
1; user rated material at 4.
Analyst Ratings
Read More »