After a morning of correction up Russian indices traded differently

 
  
 
 
  13.07.09 12:58 ;
  Outside the background before the opening of Russia's bid on Monday formed a moderately negative. Prior to the U.S. Dow Jones index lost 0,44%, S P500 fell by 0,4%, NASDAQ rose by 0.19%.

Asian sites traded before the opening of Russian sites with the reduction.

As a result, at the opening session of the MICEX index lost more than one percent. However, later on the Russian market has made attempts to increase. By 12.50 Moscow time the MICEX index adds 0.42% at 875.07 points. RTS Index is reduced to 1.08% at 826.2 points.

To date, the better the market traded shares of energy companies: OGK-1, MOESK, as well as paper NLMK (2,44%), Raspadskiy (2.32%). As leaders of reducing paper Uralkaliy (-4.2%), Polyus Gold (-3%).

the ruble to the dollar and bivalyutnoy cart is now 33.07 and 38.83 to 32.33 rubles and 38.45 rubles. Friday morning at the auction. According to chief economist CC «Finam Management» Alexander Aspen, the recent gradual decline in the ruble to a basket and the dollar before the end of the year, may continue, even in the face of improvement in the financial markets of Russia, as compared with the current period. «Strengthening of government measures to stimulate the growth of credit in the domestic market of the Russian Federation in the current environment will contribute to the development of this trend», - noted the expert.

Trading on European sites are fundamental to the growth indices within one percent. FTSE index adds 0.19%, at 4,135.08 point, the index DAX in the black at 0.22% at 4,586.60 point, the index CAC 40 is growing at 0.12% to 2,986.64 points. By 12.50 Moscow time ADRs in the Russian equities in London (in dollars per share) as follows: Company - 40.11, «NorNikel» - 75.6, «Rosneft» - 4.94, «Rostelecom» - 4.68, «Gazprom» - 4.08.

SP futures fell by 0.38% and is at the level of 870.9 points.

The August futures for oil brand Brent traded at $ 60.16 a barrel, oil brand Light - $ 60,27 per barrel. Prices for «black gold» is quite easy to test strong support at $ 60 per barrel and the boundless future, may begin to test the deeper levels and strong against the backdrop of the dollar began to strengthen on the foreign exchange market.

According to analysts of IR Grandis Capital, the most pessimistic scenario implies a decline in the RTS index by 10% to a level of 750 points. «However, the market deserves a positive correction to the 870-900 points, as many blue chips have fallen to 27-37% from the June highs», - noted experts.

Today in the United States is not expected to release important statdannyh, but this week the publication of accounts for the height of the bank statements. This, say analysts BFA, on the one hand, creates a danger to the American stock market, and on the other - can lead to recovery in the event of failure of good data.


  

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Kommersant: tranche consonants
The immediate objective rebound up futures on RTS index is located in the vicinity of 80 000 items
At the beginning of the new dynamics of the week quotations of petroleum continues to be downward, the losses amount to approximately 0.7%
In the coming weeks, the ruble has stabilized
The Russian market can turn quickly, rather than continue down
Positive expectations for the Russian market in the medium and long-term stored
IBRD net income for 2008 under IFRS amounted to 107 million rubles
VTB will pay dividends on the results of 2008 of $ 0.000447 ruble per share
Review of the FOREX market for 10.07.09

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