04.02.10 20:47 ;
 

Today the Russian share market has opened different directions index movement against the background of the deteriorating situation in the global marketplaces and lower oil prices.

After a slight decrease indices of Russia managed to get into the positive region, but “happiness” did not last long, “fuel to the fire, poured the negative dynamic of European exchanges, where the backdrop of disappointing data (the volume of industrial orders in Germany unexpectedly fell in December for 2, 3%, with growth forecast at 0.2%) indexes finished trading in the “red zone”: FTSE sank to 2.167%, CAC40 - at 2.747%, the index DAX - at 2.45%. Worth noting that the European Central Bank kept its refinancing rate at 1.0% per annum, as expected by market participants.

During the day, received the data ambiguous social statistics from the U.S.: the number of requests for unemployment benefits in the U.S. for the past week rose to 480 thousand (expected to decline to 460 thousand), labor productivity in the 4 th quarter of 2009 increased by 6,2 % (expected to increase by 6.0%), the volume of factory orders rose by 1% in December 2009, (expected to increase by 0,5%). The Russian markets are sharply perceived these indicators. By 17:52 Moscow time the MICEX index fell below 1400 points.

Paper Oil & Gas completed the session today in the red on a background of falling oil. By 20:20 Moscow time futures for Brent crude for delivery in March traded at around $ 71,998 per barrel, Light - $ 73.01 per barrel. Quotes of Gazprom, LUKoil, Rosneft sank 3.17%, 2% and 2.49% respectively.

The leaders of today to reduce the shares of telecommunications segment. Stocks CenterTelecom “fell to 6,25%,” Sibirtelecom “- on 3,2%,” North-West Telecom “- on 3,44%,” Volgatelekoma “- on 4,68%. It became known today that net profit for the group companies of the holding “Svyazinvest” under RAS in 2009 totaled 27.9 billion rubles, or 18,9% more than in 2008. Net profit interregional telecommunication companies (MRK) (without “Rostelecom”) grew by 38,9% - to 22.6 billion rubles.

The leaders of growth left the paper in TGK-9 (2,7%), Polymetal (1.774%) and OGK-5 (0.835%).

better market today look VTB, quotes, bank showed growth during the day. Perhaps support for VTB shares have had a statement of Herbert Moos, Vice President - chairman of the bank, that bank management provides a framework of stock option programs to pay employees part of the consideration shares, which planned to buy back 1% of the market securities. Quotes Bank sagged just before closing trades (-0.26%), against the background of1000the bank, whereby net profit VTB for January 2010 amounted to 6.16 billion rubles, which is 2 times less than in January 2009, when she amounted to 13.2 billion rubles.

on MICEX today for one dollar was given - 30.0776 rubles for one euro - 41.6651 rubles. The cost of the currency basket, thus, is 35.3640 rubles (yesterday it was 35.2745 rubles). Rate of pair euro /dollar at Forex stands at 1,378.

on the day the dollar RTS index fell by 2,930% to the value of 1463.01 points. The MICEX index fell 2.46% to 1395.87 points. Trading volume on MICEX amounted to $ 6 901.85 million

In the evening session on FORTS futures on the RTS index decreased by 1,461%, to 143,655 points. Futures for shares of Gazprom, Lukoil, Sberbank lost 1.068%, 1.121% and 1.163% respectively.

Trades in the U.S. opened in the red because of the negative with the labor market. By 20:20 Moscow time, the Dow Jones index fell by 1.934%, S P500 at 2.22%, NASDAQ - at 2.144%. “The reaction of futures for U.S. indices to the published data was negative, which in turn has caused a backlash and international trading floors, including in Russia. In view of the already published statistics and in advance of the statistics, which will be published on Friday , one can assume that the Russian bid to dominate the negative dynamics “, - says Ivan Fomenko, Deputy Head of asset management” Absolut Bank “.

is the view of President Rodin, analytics DiMaks Capital, now, by and large, the Russian market in the “outset”. “Given the fact that in March, is expected contraction of liquidity, the stock exchanges is a good opportunity for correction, at least 20% accurate. When exactly this will happen tomorrow or the day is unknown. They say that before the contraction of liquidity, until March-April, we will grow. But who will grow only to then fall to a visual signal? So in any case, correction of 20% - it is normal. We began to decline slightly after the new year, the U.S. indexes broke through its support levels - that is, began Down trend. So it will continue, and in April, and if not adopted laws to reduce liquidity, again begin to rise. In the meantime, we wins back a factor reducing liquidity in advance and is likely to be reduced ” , - the expert believes.

Alexander Osin, chief economist of the Criminal Code “Finam Management believes that the world”s stock indices have failed up to recent days to overcome the key resistance levels, which indicates the possible continuation of the slowdown in investment activity on them in the coming weeks. “In the short run, the dynamics of the stock market the biggest impact is likely, could have a U.S. Department of Labor statistics, which will be released on Friday. On average, analysts expected the growth in January the number of jobs in sectors outside of agriculture in the USA at 15 000 units. In this case, the general trend of macroeconomic statistics, coming out in recent years does not seem quite positive for the realization of this forecast “, - analyst believes.

  

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Review of the precious metals market for 03.02.10
As a result of trading the MICEX index lost 2,46%, dropping to a level of 1395.87 points
The impact on the dynamics of the market of Russia, apparently, could have a U.S. Department of Labor statistics, which will be released on Friday
Europe: fear has big eyes
Trichet: ECB rate currently is adequate
USA: Bears went on the offensive
IPO in 2010: recovery begun?
Ministry of Economy of Ukraine has lowered the rent payment for oil in January to 1,8%
Experts: Political interference is the most significant risk to the global banking sector