With favorable things stand, the MICEX index will soon be able to go to the level of 1435 points

Why the market today is easier to move up?

Moving up, which our market shares are outlined on Wednesday, continued today. By 15 o"clock the MICEX and RTS indexes show an increase in the range of 2%. Ret after level the previous day, the MICEX index has found resistance at around 1,425 points. However, the higher it will not allow are reinforced dollar (EUR /USD 1,4) and the instability of the situation on the European exchanges. Moving up after several days of failure, looks natural and easy.

As a result of the gradual recovery in oil prices (Brent $ 72,7 /bbl; 0,6%) today continued speculative buying shares of oil companies (MICEX OG 2,25%), but the best performing stocks are steel companies (MICEX MM 3,05%). In general, the market can see the desire of players to buy badly buckling in the price of paper, with the expectation that the upward movement in world stock markets in the coming days will prevail. Incidentally, this is what adjust and go today reports a number of American and European companies. Quarterly releases Nokia, Procter Gamble, Ford and other famous companies exceeded analysts" forecasts.

With favorable things stand, the MICEX index will soon be able to go to the level of 1435 points. As well as futures on the RTS will be able to reach the mark n. 150000, however, flirt with the increase not worth it, because they are too unstable now looks like the situation on the currency and commodity markets. The growth we are gradually fix the profit from shares bought yesterday afternoon. At 16-30 in the U.S. went weekly data applications for unemployment benefits (estimate: 452 thousand) and the December data on orders for durable goods (forecast: 2.0%). I think at this time of volatility in our trading platforms will increase, and not the fact that our market will be to close higher.

Trading volume on the MICEX derivatives market at 16:00 Moscow time amounted to 2.08727 billion rubles
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