Today's publication of statistic data from the U.S. could lead to the exit from existing markets trading range
By admin at 30 September, 2009, 2:11 pm
 High volatility in global stock markets are likely to continue until the beginning of the period of corporate financial reporting.
Note that for the past two weeks, the upward pressure of excessive liquidity in Russia's stock market is balanced by reduced risk appetite of investors and the expectations of the beginning of a global correction in commodity markets and global stock markets.
Recall that in periods of heightened correctional market sentiment in Russia, the players have traditionally drawn attention to the paper, whose dependence on external market conditions is less pronounced - Shares of energy companies, telecom, retail, and retailers, etc.
It was also observed at yesterday's auction - Russia's energy sector, ignoring the mixed external background, growing up during the day. As a result, the outcome Tuesday, shares of IDC UK (16.47%) is the absolute leader of growth. In general, the confidence to trade not only paper IDC Holding (7.73%), but individual IDC, growth that exceeded the two-digit values.
On the background of the inability of oil quotations realize any significant rebound of the key levels of supports, paper oil and gas sector as a whole traded good market: Gazprom (-0.61%), Rosneft (-0.70%). However, amid buying by foreign investors, better than yesterday ottorgovalis paper LUKOIL (1.61%), Tatneft (3.83%) and Surgutneftegaz (1.72%), in which U.S. rating agencies again raised their recommendations.
Equities retail retailer Magnet (4.02%), as one of the protective market, also attracted the attention of buyers.
In this paper Russia's leading banks generally traded in the market trends: Savings Bank (0.66%), VTB (1.06%)
As a result, showing moderate growth, Russia's ground on Tuesday held out in the zone of positive values: the RTS index, rising by 0.95%, finished the day on a mark of 1260.56 points and the MICEX index adding 0.37% to 1212.75 points .
Note that the U.S. macroeconomic statistics yesterday did not give reasons for the bullish activity - an index of consumer confidence in the U.S. for September, while the forecast was 58.0, was 53.1. Trades in the U.S. closed moderately lower.
And today the most significant data releases will be on the final index value of GDP in the U.S. for the second quarter at 12:30 GMT. Recall that the average forecast value is equal to -1.2% per year, and an improved value of -1.0% per year.
At the same time, not less interesting and will be the September data on the number of private sector employment from ADP, whose publication is expected in the 12:15 GMT, and that traditionally precede the flagship publications of the week - an overview of the labor market in the United States in September.
Recall that the forecast figure is equal to -194 thousand, and the previous value was equal to -298 thousand Also note that the market reaction to the output of the indicator can be very emotional and significant.
Recall that in today's 14:30 GMT will be published data on stocks of petroleum and petroleum products a week before the Sept. 25, whose effect on short-term dynamics of the energy market is also very large.
strategic players, we recommend that you continue to consider the possibility to open sales in securities of blue chips - primarily in stocks of companies of oil and gas sector. However, aggressive intraday players can continue to find ideas for short-term purchases of securities of the second tier, primarily energy companies.
Note that we do not rule out a sharp burst of activity today or tomorrow that introduces a further significant reduction.
| log in and see the material;;
1; user rated material 5. |
|
State Property Fund refused to sell the IPF owners group Privat ...
Recommendations on RTS Index futures on Wednesday
Finam raised the assessment of VTB
End of the month, quarter, and by whom, and on ...
Today's trading on Asian exchanges take place in heteropolar areas
Bogolyubov: There is no collusion among bidders in the IPF was
Sold: Naftogaz Ukraine on Wednesday will pay the holders of Eurobonds coupon without repayment of principal
Tense stop
From continuing upward movement holds no corrective dynamics and achieved high price levels
Recommendations for market shares: LUKoil, Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank









No comments yet.