In the absence of trading ideas the Russian market on Tuesday consolidated at the levels reached earlier

By admin at 13 June, 2009, 4:32 pm

09.06.09 20:25 ;
  Outside the background before the opening of Russia's bid on Tuesday formed a neutral. As a result of yesterday's auction of American Dow-Jones index rose by 0,016%, SP decreased by 0,1%, Nasdaq - on 0,38%. Trading in Asia in the morning were mostly in the negative range. Japanese Nikkei has fallen to 0.83%. Chinese Shanghai Composite lost 0.73%. Oil prices stabilized above the $ 68 a barrel.

The Russian stock market opened with a small gepom up. Leaders at the opening, once again became common and preferred stocks «Sberbank», which added 2.1% and 2.55% respectively. Interest in these shares was the news surrounding the U.S. financial sector, and in particular, around the American banks, which may allow the State to exercise the redemption of treasury shares.

«Neftyanka», despite rising oil prices in the early hours of the trading moved raznonapravleno: «Rosneft» (1,42%), «Tatneft» (-0,42%), «Surgutneftegaz» (-0, 13%), «LUKOIL» (0,8%).

By 12.30 Moscow time the MICEX index added 0.73%, at 1128.52 points. RTS Index at that time was 1113.19 points (1.51%).

Bythe mid-session stock indexes began to recede to levels of discovery, growth followed divergent trends. Better market by this time looked Paper CMI (4.81%), Novatek (4.49%), AFK Sistema (4.55%) and prefy Rostelekom (6.26%). In the outsiders came shares RusGidro (-2.26%) and Tatneft (-2.64%). As the analyst Stanislav Kleshchev 24 VTB, in an environment where the main paper in the best standing in «outset», the interests of small speculators move in the direction of the shares of companies' second-tier. Today, there was continuation of the rally in the shares of RAO ES East (20%).

At 14.00 Moscow time went on promproizvodstvu in Germany, showed the reduction of high expectations (21.6% vs. 20.5%), but this information is not strongly influenced the dynamics of bidding.

deshevela the American currency during the day: Eurodollar approached the upper limit of the corridor 1.3850-1.3970; dollar /ruble fell to 31.20 marks.

Until the end of trading session at our sites was dominated by neutral dynamics of the MICEX index with an amplitude of about 1% at low volumes of trades. «The current level of oil prices have played the market, a new driver of growth yet, and помине», - noted analyst FG «Income» Vadim nobleman.

According to the analyst IC IC ITinvest Alexander Potavina, players are no longer willing to blind purchases, as happened in May. At the same time, there is no reason to aggressive selling due to high commodity prices. «It is clear that there is now an active market participants do not have enough confidence in the growth of three main factors: the U.S. stock market, oil prices and the euro /dollar. Therefore, day traders prefer to observe the low rates did not show an active interest in risky operations », - noted the expert.

As a result, the RTS index closed at 1105.3 points (0.79%), the MICEX index - 1113.83 points (-0.57).

At the European sites auction ended differently. FTSE index has lost 0,01%, the index DAX - 0,14%, CAC 40 index added 0.21%.

In the United States by 20.20 Moscow time the Dow losing 0.18%, SP index adds 0.06%, the index of Nasdaq - 0,62%.

By 20.20 Moscow time the price of Brent blend brand was $ 69.17 per barrel, U.S. light crude oil Light Sweet - $ 69.35 per barrel.

Futures on SP now stands at 939.3 (0.05%).


  

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Analyst Forecasts: Growth indices in the Russian environment can be expected at the opening
A guide to Russian investors remain high quotations of oil futures on commodity markets
Analyst Forecasts: The domestic stock market in the morning there is a short-term positive momentum
Against the backdrop of general decline of Russian stock market shares of the energy sector continued to boom
The Russian stock market declines on Monday following the desheveyuschey oil
The forecasts of analysts: External background on Monday contributed to a negative opening of Russia's bid
The Russian market was closed on Friday in «green belt» against the backdrop of the continuing growth of oil quotations
The Russian stock market dominated by the positive mood, shares of energy companies led growth
The forecasts of analysts: In the morning, good to be traded securities Sberbank and neftyanki

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