Bulls, taking advantage of positive external background, try again to break the level of 1000 points on the MICEX index

The first half Monday at the Russian site was in the positive dynamics. External background helped bulls to reach the market to 1000 points on the MICEX index, after which the market has been a wave of correction, which intensified at the end of trading session on the background of negative trends in overseas markets. Better the market shares finished the day OGK-5, which increased by more than 10%. The company they were Norilsk Nickel and Mosenergo, gaining 5.51% and 3.74% respectively. Worse than the market closed, Surgutneftegaz (-0.99%) and VTB (-0.54%). At the end of the trading the MICEX index added 2.03%, ending the day at 985.81.

U.S. markets opened in the black, but after positive data for the index of leading indicators (of 0.7%, expected 0.5%) was the reduction, resulting in indices approached the previous day's closing levels. Then began a wave of growth, which enabled the index to close in positive territory. At the end of the trading Dow Jones Indexes and the S P500 added approximately 1.2%. At the morning session at S P500 futures falling to 10.00 Moscow time. traded at the level of 946.5 points.

energy market after the closure showed a positive momentum that the futures on oil brand Brent rise above the level of 66 dollars per barrel and end the day at 66.5 dollars. At the morning session, the decrease of prices. As a result, the 10.00 contract traded at 65.95 dollars per barrel.

Today, we expect a positive opening on the Russian sites. Bulls, taking advantage of positive external background, try again to break the level of 1000 points on the MICEX index, however, it is likely that there they will meet a wave of sales that will not allow the market to climb higher. In the future, players will be expected to report U.S. companies and the statement of Ben Bernanke, which will begin at 18.00 Moscow time.

The Russian market continues to enjoy the beneficial effects of higher oil prices and the ruble
Stock indicators, both Russian and Western, are located in the vicinity of their maxima
Opening of the Russian market will be taking place against the backdrop of positive news from the United States
Following Monday MICEX index was 985.81 point, which is 2.03% above the closing Friday
Today's trading on Asian markets are not distinct dynamics, the other is growing stronger Japanese Nikkei index to 1.8%
Oil brand Brent on the New York Mercantile Exchange desheveet now at 0.6%
In the early days to fix the profit speculators pushing red at the opening of futures trades in America
The Russian stock market, prosevshy before closing on Monday, the morning will go up again due to oil and the U.S. Futures
Revenues Pharmstandard in 1 half of 2009 increased by 62% to 10 billion rubles

Leave a comment