11.01.10 12:43 ;
 

Russia”s stock index began the first trading session in 2010, a sharp “gepom” up. The growth index was caused by the behavior of depository receipts on Russia”s actions in London, who during the absence of trading in Russia managed to grow by more than 5%, as well as the positive dynamics of oil prices. The first minute of trading the MICEX index rose by 3.5% to 1,417.98 points, the RTS index soared to 3.47% to 1,476.48 points.

Positive on Russian trading floors support the growing European exchanges. The FTSE rose by 0,981% to 5,588.546 points, DAX index rose to 0.87% to 6,090.23 points, the CAC 40 index was 4083.11 points (0.939%). Futures on the SP lost 0,534% and is at the level of 1147.7 points.

By 12.30 Moscow time the MICEX index rose by 5.62% and amounts to 1447 items, RTS index rose by 7.2% to 1548.65 points. Trading volume on the MICEX exchange is $ 1 700.01 million Russia”s main liquid securities went up by 2,7-11,3%.

The leaders of growth stocks are Uralkali (13.705%), Severstal (15.923%), MMC Norilsk Nickel (10.213%), MMK (10.352%). According to Alexander Aspen, chief economist UK “Finam Management”, paper risen against published in last Friday about the growth rate of imports of China in December 2009 by a record 55,9%. On the dynamics of the capitalization of the steel companies are also reflected relatively positive production figures for the industry in December 2009

Also favorites are shares of oil and gas sector, helped by rising prices for “black gold”. During the Russian New Year holidays oil quotes have overcome a mark in $ 83 per barrel due to cheaper U.S. dollar and supportive of Chinese statistics. By 12.40 Moscow time, the March futures for Brent crude traded at $ 82.601 a barrel, Light - $ 84,03 per barrel. Papers of “Gazprom” increased by 6,2%, LUKoil - on 3,61%, Rosneft - at 6.526%, Gazprom Neft - on 3,99%, Surgutneftegaz - on 5,44%, “Tatneft” - on 4,37%.

Acacia Sibirtelecom “cheaper at 0,682%, Rostelecom - by 1,549%.

Shares

Sistema added 6.932%, on reports that the company is interested in buying shares of NK Russneft. Holding Oleg Deripaska”s Basic Element declined to purchase the NK Russneft, as a result of the company returned to its founder and former owner Mikhail Gutseriev. Debt Russneft is about $ 7 billion

By 12.30 Moscow time, Russia”s ADRs for shares in London (in dollars per share) are: “LUKOIL” - 59.695, “Norilsk Nickel” - 159.6, Rosneft - 9.13, “Rostelecom” - 4.833, Gazprom - 6.635 .

At the appointed time on the MICEX per dollar 29.4229 rubles provide for one euro - 42.6593 rubles. Thus, the value of currency basket is 35.3460 rubles. By 12:30 Moscow time the euro /dollar is at 1.452.

Olga Belenkaya, deputy. Head of analytical department of Open Company “SOVLINK” notes that today a significant makrostatistiki expected. “During the week the key macro-economic reports from the U.S.: Retail sales (Thursday), inflation, CPI, industrial production, consumer confidence index (Friday). Also on Thursday to be the ECB meeting, which may sound plans for programs to support liquidity. Meanwhile, for American corporations, a period of quarterly reports (in 4Q09), and opens it today Alcoa, and at the end of the week it was joined by Intel and JP Morgan. The market expects that the companies included in the SP 500 in 4Q09 for the first time since 2007 will show growth in total profits “- indicates an expert.

“In terms of short-term, to continue to grow Russian stocks remain. But in terms of period of the next few months, the growth potential of Russia, the world”s stock market appears limited, as relatively weak macroeconomic statistics from developed countries and increasing inflationary risk observed in these recently “, - says Alexander Osin, chief economist UK” Finam Management “.

According to Alexander Razuvaev, head of analytical department of the IR “Gallio Capital, in the first quarter of 2010 Russia”s stock market will reach the target corridor in 1800-2000 points on the RTS index, and then against the backdrop of tightening monetary policy, the world”s leading central banks of Russia market shares awaits correction and stagnation.

  

   Source:
   
    
   
  

 

The dynamics of tomorrow”s trading on the market of Russia will depend on the data report Intel
Forecasts of analysts: Russia”s actions will occur close to their previous position, further upward movement may complicate oil
Growth is constrained by Russian indexes are reinforced dollar and low oil prices
Russia”s bid ended in a weak minud47s, next week may remain moderately positive attitude players
Dollar resell
Analysts” forecasts: A favorable external background contributes to the positive opening of the Russian sites in the first trading day in 2010
The stock market ended the year on a positive note, in 2010 Russia”s securities are unlikely to show impressive growth
Analyst forecasts: The last session in 2009 will moderate growth
Russia stock market concluded the penultimate trading session, thd54e decline tomorrow big moves we should not expect