On Thursday, Russia”s market has struck at the level of support for 1460 points on the MICEX index and in the near future may continue to decline

 
  
 
 
  21.01.10 20:49 ;
 

Bidding began on Thursday at the Russian sites with gap up. In the future, despite the growing European indexes, the domestic market went lower. Thus, began on Wednesday continued correction.

During the day, Russia"s indexes several times changed the direction of motion. Sales today have contributed to lower oil prices. As a result, stronger than the other "bear" sentiment affected the paper"s oil and gas sector: "Gazprom" has lost up to the day 1.49%, Rosneft - 2,41%, "LUKOIL" - 1,44%.

leaders of growth in the second consecutive day were shares of the peak and RTM, which quotes added 1,64% and 7,88% respectively. Also in the "green zone" ottorgovalis individual members of the energy and communications sectors.

In the currency market today was marked by a sharp strengthening of the dollar. Currency pair euro /dollar was trading at around 1,404. For one dollar on the MICEX gave 29.7626 rubles for one euro - 41.9258 rubles. Thus, the value of currency basket now is 35.2637 rubles. The weakening of the euro due to the complex situation in Greece.

ruble was trading to the currency basket in the corridor 35,18-35,30 rubles per dollar. "The positive impact on the ruble has a payment of half of the excise tax on mineral extraction - 25 January and 28 January payment of income tax" - notes the analyst of "BIN" Boris Olshansky. Against this backdrop, the market looks better today, the banking sector: "Sberbank and VTB, which, nevertheless, failed to remain in positive territory before the end of the session.

After a series of negative statements of U.S. companies today published quarterly results of Goldman Sachs, UnitedHealth, Union Pacific and Xerox Corp., significantly exceeded the forecasts of analysts. For example, Goldman Sachs showed earnings per share of $ 8.2 against the expected $ 5.19. According to the analyst in Bank "National Reserve Bank" by Alexander Dem"yanovich, this news should bring an end to the correction on our stock market, which for the past three days (as in shares of Gazprom - the last ten days). Reducing Russian indices after reporting really stopped, but at the end of the session on the market new wave of sales associated with the publication of statistic data on the labor market. The number of applications for unemploymen1000t benefits rose for the week of 36 thousand, is expected to decline by 4 thousand - is the maximum figure for the last 2 months. At this statistic S P500 futures reacted decrease by 0,8%. As a result, trading in the United States opened gepom down, which led to negative closure Russian sites. MICEX Index finished the session at 1435.9 points, down 1.73%, the index closed on a mark PCT 1530.29 points (-1,71 %).

"On the one hand, the trend to reduce the number of unemployed receiving benefits, but on the other - continues to increase the number of initial applications for unemployment benefits. But on the whole situation on Russia"s market is not conducive to building sales. probably in the near future expect recovery among buyers, "- says the analyst of Absolut Bank Ivan Fomenko.

According to the same Analytics Ltd. "NETTREYDER Bogdan Zvarych, in this situation can be expected in the near future the market will go to the levels of" New Year"s gap ", where" bulls "might get a chance to expand the market and try to start a new wave of growth.

Trades in Europe also ended lower. Index of the London Stock Exchange FTSE 100 dropped to 1.58% and closed at 5,335.1 points. Index of the Paris stock exchange CAC 40 fell 1.7% and closed at 3,862.16 points. Index of the Frankfurt Stock Exchange Xetra DAX fell 1.79% and closed at 5,746.97.

To date, the March contract for Brent crude traded at $ 75.09 per barrel on crude oil Light - $ 76,56 per barrel.

By 20.40 Moscow time, the Dow lost 1.98% today, the index SP - 1,73%, the index Nasdaq - 1,19%.

In the evening session on FORTS the March futures on the RTS index decreases on 0,37% and amounts to 153,120 points. Futures for shares of Gazprom, Lukoil and Sberbank in the red on 0,4, 0,5% and 0,07% respectively.

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