The stock market of Russia on Thursday dropped the second consecutive day after the United States on the weak statistics

stock market of Russia on Thursday dropped a second consecutive day after Europe and the U.S. on the weak U.S. statistics, a good report of the bank Goldman Sachs was unable to bring optimism, the MICEX index tumbled 1,430 points in the region.

Following trades MICEX index, exceeded in the opening session of 1470 points, dropped to 1,435.9 points (-1.73%), the RTS index dropped to 1530.29 points (-1.71%); core "chips" on stock exchanges fell 0,7-3,9%.

RTS Index futures exceeded the total asset base of 6.6 points, indicating a neutral expectations of players.

cheaper stocks of Gazprom (RTS: GAZP) (-1,7% on MICEX), VTB (RTS: VTBR) (-0,7%), "Lukoil (RTS: LKOH) (-1, 6%), Norilsk Nickel (RTS: GMKN) (-0,9%), "Rostelecom (RTS: RTKM) (-1,5%)," Rosneft (RTS: ROSN) (-3% and -- 3,4% in RTS), Surgutneftegas (RTS: SNGS) (-1,1%), "Tatneft (RTS: TATN) (-2,2%)," Polyus Gold (RTS: PLZL) ( -2,6%), Sberbank Russia (RTS: SBER) (-1,6%).

the greatest losses in dollar prices of shares on the RTS stock exchange due to the growth of the dollar (euro rolled up to $ 1,405).

on world stock exchanges in the evening of Thursday effort reduction: European FTSE index fell 0.9% in the U.S. indices sank 0,5-1,2%.

released a report from a U.S. bank Goldman Sachs, exceeded expectations: the bank of the fourth quarter of 2009 was a net profit of $ 4.95 billion, or $ 8.2 per share, the experts had expected profit of $ 5.18 per share. Revenue Goldman Sachs was slightly less than expectations of - $ 9.62 billion, while experts predicted an average of $ 9.65 billion

Net profit Goldman Sachs on the basis of the whole year 2009 reached $ 13.39 billion, or $ 22.13 per share, compared with $ 4.47 per share a year earlier.

Yet this positive was negated by the statistics from the U.S. Labor Market: The number of applications for unemployment benefits last week increased by 36 thousand (up to 482 thousand, the maximum two months), with projections to reduce the 4 th

In addition, the index of industrial activity of Philadelphia in January decreased by more than expected by experts (indicator fell to 15.2 points from 22.5 points a month earlier, is expected to decline to 18 points).

Against this background, unnoticed growth in the December index of leading economic indicators Conference Board, the maximum of three months at 1.1% growth forecast at 0.7%.

Oil has fallen about $ 77 per barrel WTI on concern that slowing economic growth in China and the strengthening U.S. dollar. The March futures contract for WTI crude oil was worth $ 77.4 per barrel (-0.4%), before the price fell to $ 1.58 (2%).

After the release of data on stocks of raw materials in the U.S. (oil reserves declined by 0.471 million barrels of gasoline - rose by 3.95 million barrels) of reducing the cost of raw materials continued.

As the Deputy Director General IF Olma "Alex Bystrov, the reason for the decline on Thursday became the stagnation of world stock indices and a significant strengthening of the U.S. dollar on the interbank market. In addition, market participants began to talk about a possible tightening of monetary policy of the PRC after the favorable data on the Chinese economy. In the middle of the day provided some support for markets reporting Goldman Sachs, but attempts to lift encountered unexpected obstacle in the form of data on applications for unemployment benefits in the U.S., he says.

According to analyst IR Zerich Capital Management Oleg Dushina, since the last correction is recommended to make purchases on the level of 1432 points on the MICEX index in the medium term (a week or more).

Head of Research Division FC "infinitesimal" Alexander Ivanishchev believes that the stock market of Russia took the pause in growth before the end of the week.

In recent trading days of the main events in Russia"s market is mainly in the second half of the trading session in reaction to reports received from U.S. companies. The main vane of the market - code SP 500 - sends mixed signals. Since the beginning of the new year here there is the classic range of trade (1130-1150 points) - then up and down. Nevertheless, the volume of positions on the index has been steadily increasing, then clearly there is a market repurchase, but try to avoid overheating of prices. Such a tactic is justified if there is the prospect of subsequent removal of the price upward. At current low risk initiative is still on the side of the bulls, "says the analyst.

market took a pause before re-storm 1500 points on the MICEX index, possibly before the end of the week. In this case, in the coming days we can expect lateral movement on the declining turnover, believes Ivanishchev.

indices in the U.S. fell on the eve of the negative reporting Bank of America, Morgan Stanley and IBM for the IV quarter of 2009.

bank Morgan Stanley earned a profit of $ 413 million, or 14 cents per share, with the consensus forecast of analysts of 42 cents per share.

largest U.S. bank Bank of America recorded a net loss as a result of the fourth quarter of 2009 of $ 5.2 billion, or $ 0.60 per share, in connection with the need to repay the loan is and the rising number of defaults on consumer loans (experts expect losses of $ 0.52 per share).

Share indexes of Asia most of the trades on Thursday declined as investors worried that China will continue measures to tighten monetary policy and take other steps to cool the booming economy. Such steps China may reduce demand for raw materials.

China"s GDP in the fourth quarter grew 10.7% annualized rate, almost coincided with the forecast of economists surveyed by Dow Jones, who expected 10.8%. For the entire 2009 China"s GDP grew by 8.7%, exceeding forecasts. Consumer prices in China in December increased by 1,9%.

published official data showed, thus enhancing recovery in China, which, however, can quickly lead to overheating of the economy. Against this background, many experts believe that Chinese monetary authorities may decide on the need for early tightening of monetary policy and the decline in credit to the economy.

official forecast of GDP growth for 2009 was 8,0%, economists on average expected increase of 8,5% against 9,6% in 2008.

Meanwhile, the closing of the auctions in Asia, the situation began to improve gradually, in the "plus" out Chinese index Shanghai Composite, CSI 200 and the Japanese Nikkei.

Among second-tier "on the MICEX on Thursday, the leaders began to roll back TGC-9 (RTS: TGKI) (-5,6%)," TMK "(RTS: TRMK)d27(-4,6%) , "Inter RAO UES (RTS: IRAO) (-3,9%)," North-West Telecom (RTS: SPTL) (-3,6%).

grew up paper "MRSC of North Caucasus" (RTS: MRKK) (9,9%), "RTM" (RTS: RTMC) (7,7%), "IDC Center and Volga Region" (RTS: MRKP) (6 , 1%), PIK Group (RTS: PIKK) (2,3%).

total volume of shares traded on the RTS classic market for the day totaled $ 13.95 million in Section RTS Standard turnover reached $ 613.01 million, on the MICEX exchange transaction volume has exceeded 58.395 billion rubles.

Kommersant ": Do not preserved

National Bank began eliminating Ukrprombank ...

The stock market of Ukraine on Thursday continued correction in the external negative
Raw issuers in recent days traded good market, that does not exclude some rebound up in the papers on the eve of weekend
U "bears" have every chance to continue its downward movement and in the short term to achieve levels of "New Year"s gap"
Today the market may test the zone of support at 1400-1410 points on the MICEX
MICEX index may soon go to the next level of support at 1,415 points
If the blue chips fail to support the local levels, will need to close thecd1"long" position
Influence on the course of today"s trading will provide ongoing reporting season
Russia market today will continue to decline towards the levels of the early years

Leave a comment