This afternoon, the results for the 4 quarter will present Citigroup, and in the evening - IBM
By admin at 30 January, 2010, 8:11 am
Market again above
Russia"s stock market started the second trading week of the year growth of the major stock indexes to new annual highs despite decline in oil prices and the very moderation in global stock markets. At the end of the day MICEX index added 1.8%, to close at 1 480 points. As leaders of growth were again seen the paper metallurgical sector, but the basic tone again asked Severstal (6%), very much looked prefecture Transneft (7%), paper MTS (5%) and IDC (4%). In the list of outsiders to come share InterRAO (-2%) and paper NLMK (-1%), fallen in value versus growth stocks of other companies sector.
Today, after a weekend in the United States resumed trading in stocks, and with them the next quarterly reporting season: the day the results for the 4 th quarter will present Citigroup, and late in the evening - IBM. Yesterday"s trading in Russia quite clearly showed that with the arrival of Russia"s new money market can grow even in the face of a deteriorating situation on the commodity markeedats. However, oil prices are really important fundamental factor for evaluating Russian securities, and ignore the negative changes in the oil market with Russian shares long in any case not succeed.
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