27.08.09 12:58 ;
  On Thursday, Russia's market opened a little lower. To date, the leading domestic indices moved into positive territory. By 12.30 Moscow time the MICEX index rising to 0.19% and amounts to 1101.88 points. RTS index adds 0.46% to 1077.02 points. On FORTS the September futures on the RTS index in positive territory at 1.2% and amounts to 107,570 points.

In leaders of growth re-paper «AvtoVAZ». Preference and ordinary shares of the company are growing at 5,02% and 8,21% respectively. The positive momentum continued to demonstrate regional telecom: «prefecture» «VolgaTelecom» and «Uralsvyazinform» rose by 9,2% and 7,8% respectively.

European platform traded different direction near zero marks. The FTSE is growing at 0.22% and amounts to 4,901.27 points, DAX index lost to date is 0.06% and 5,518.43 points, the CAC 40 index in positive territory at 0.31% and reached the mark of 3,679.83 points. By 12.30 Moscow time, Russia's ADRs for shares in London (in dollars per share) are: Lukoil - 50.5, «Norilsk Nickel» - 106.325, «Rosneft» - 6.47, «Rostelecom» - 5.15, Gazprom - 5.306.

Futures on SP increases by 0,16% and is at the level of 1028.4 points.

European currency continues to lose ground against the U.S. dollar. By 12:30 Moscow time the euro /dollar is at 1.425. Today, the MICEX to the dollar yield 31.64 rubles for one euro - 45,08 rubles. Thus, the value of currency basket is now 37.64 (yesterday value currency basket was 37.57 rubles).

By 12.30 Moscow time, the October futures for Brent crude traded at $ 71.54 per barrel, Light - $ 71.4 per barrel.

«apparent reluctance of investors to win back any positive news, in sharp contrast to the unbridled optimism of spring, and continues to gradually increase the lag indices from Russia's western markets resemble the possibility of a more substantial correction in the coming weeks», - analysts note that Baltic Financial Agency.

«In the coming days, likely investors' attention on Russia's stock market will no longer attracted to American statistics, but to the dynamics of oil prices. And depending on whether the top or down the price of black gold will come from a range of $ 68 - 74 per barrel - will depend on further growth /fall in Russia's stock market - after its release, respectively, in the range 1000 - 1100 points on the RTS index », - believes Kirill Mamedkhanov analyst LLC Trade Invest.

Today in the United States will be published the revised estimate for U.S. GDP for the 2 nd quarter of 2009. As experts note, despite the fact that preliminary results were positive, the change rate may be revised for the worse, so that the risks for the U.S. market at today's auction, of course, will be present. Also, the focus of investors today are data on the number of applications for unemployment benefits in the previous week.


  

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Review of the FOREX market for 26.08.09
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