Bookmark today's session, shares are neftyanki, leadership continue to hold securities of Gazprom

By admin at 20 July, 2009, 7:08 pm

is worth closer to the metal securities, volatility in which promises to be a high

The Russian stock market continues to rally, started last week. Opening, as expected, took place from gepom up, after which the indices zalegli in the outset, waiting for signals from external sites. The signals were received by the day as rising prices for raw materials, resulting in the MICEX Index reached 1000 points, adjusted to July at least 17.43%. After achieving this level of bulls on the continuation of the rally is not enough, and the index slightly down prosel that was caused by speculative profit fixation. The volumes in today's session once again below the May level, and force speculators may not be sufficient for continued growth. So to reduce the position of the stock before the closing auction. Publication of the index of leading indicators can enhance the sale in case of negative results.

session tomorrow could be a sign of correction, which has several causes. First, oil prices can be adjusted down since traded in the area closest resistance - the level of $ 67 per barrel. In addition, tomorrow the ekspiratsiya for immediate contracts for oil mark WTI, in anticipation of what the volatility in the market rises, and after - the value of black gold largely corrected. Waiting for data on oil and oil products in the United States can strengthen a record profit on the commodity market, which will have pressure on shares of Russian neftyanki. Secondly, U.S. indices are also close to a strong resistance, not far off the technical correction, which may provoke and corporate accountability, the positive which, in my opinion, has already played more than 7% growth in th U.S. indices. In addition, remembering the good reporting of I quarter, one can not help but note a more calm reaction to the results as the completion of the season reporting. And third, technically, the indexes are in Zone perekuplennosti, which should be removed.

during tomorrow's session is not expected to release an important macroeconomic statistics. Interestingly, there is a report B. Bernanke on monetary policy, the outcome of which we will otygryvat on Wednesday. Of the reports should highlight the important results of DuPont, Caterpillar and Coca-Cola.

Developing markets continued to be traded in the global trend. On the return of the major players to talk is not yet worth it. It is possible that non-residents are included in the spot market, in particular, shares of commodity companies, which are the favorites in the domestic market. The growth of ADRs in the shares of Russian syrevikov since last week also said the interest by non-residents. I think that after the June profit fixation, when the Russian market behind the dynamics of the developing markets, most papers have a good position to sign, and if in the near future positive signals from commodity markets, we can again see a strong flow of investment in emerging markets, in including the Russian market.

favorites of today's session, shares are neftyanki. Leadership continues to hold Gazprom, which is an attractive asset for foreign investors. Technically, the stock was made by the resistance level of 160 rubles., At which upwards of Perforation likely return in the upward channel is formed at the beginning of the year.

demonstrate positive momentum stocks metallurgical sector against the backdrop of the continuing increase in the prices of metals. Metallurgy is an interesting idea of the week. Driver of growth in them can be a collection of metallurgists of Magnitogorsk of state and development prospects of the industry.

Authorize and appreciate the story;;

Your grade will be the first!


Analyst Ratings


Forex on the European session
The accounts of American companies will be the determining factor for the dynamics of stock index all the current week
MICEX and RTS indexes confidently approached the symbolic threshold of 1000 points
Credit rating SPC version Moody's Investor Services affirmed at B1
Baltika began exports of Azeri refinery in Georgia
IES-Holding introduces medium-term contracts for electricity at a fixed price
Accounting firms will be the determining factor in the dynamics of stock index all the current week
European markets are growing


Magna and Sberbank of Russia will qualify for an equal share of the Opel - 27,5%

Categories : News and Comments


No comments yet.

Leave a comment