18.01.10 12:58 ;
 

Today, Russia”s stock market on the adverse external background has opened in the red zone. Negative factor for the Russian market continues to remain stubbornly high oil quotations. Later Russia indices managed to close the morning gap and move into positive territory. By 12:40 Moscow time the MICEX index rose to a mark of 1460.26 points, adding 0,52%, RTS index reached 1561.31 points (0.13%). On FORTS the March futures on the RTS index in positive territory at 0.3% and amounts to 155,990 points.

The leaders of growth is once again the paper telecoms: VolgaTelecom (1,17%), North-West Telecom (1.86%), Uralsvyazinform (1.09%). Preferred shares “Volgatelekoma”, Rostelecom and Uralsvyazinform added to the cost of 3,17%, 3,4% and 2,64% respectively. Good dynamics demonstrate coal companies: “Belon” (1,91%), Raspadskaya “(0,67 %).

Papers of oil and gas sector, to discourage the negative dynamics in the oil market, traded in diverse directions near zero marks: “Gazprom” (0,05%), Rosneft (-0,08%), Gazprom Neft (-0,19 %), Surgutneftegaz (0.31%). By 12.40 Moscow time, the February futures for Brent crude traded at $ 76.901 per barrel, Light - $ 78.29 per barrel. “The balance of power in the oil market today, but rather is intended to be a major obstacle to domestic bull. If the cost reduction of hydrocarbons does not stop Russia”s stock market will have no more to follow down after the oil market”, - analyst IK “Eurofinances”.

Paper banks are in slight increase: VTB Bank (0.4%), Sberbank (0,58%), prefecture “Sberbank” grow at 0.12%.

relatively unfavorable today showed the paper “Inter RAO UES, has now fallen in price on 1,63%. “According to published in December 2009 - early 2010 data, Belarus demanded a transit fee increases for electricity in Russia”s Kaliningrad region in 5,5 times. At the moment negotiations are ongoing,” - said Alexander Osin, chief economist of the Criminal Code “Finam Management”.

European platform supported by Russian market participants, leading indices in the region have a moderate positive: the FTSE rose by 0.21% and amounts to 5,466.76 points, DAX index added 0.24% and amounts to 5,890.30 points, the CAC 40 index — 3,962.11 points (0.2%). By 12.30 Moscow time, Russia”s ADRs for shares in London (in dollars per share) are: LUKOIL - 58.396, Norilsk Nickel - 166.5, Rosneft - 9.1, “Rostelecom” - 5.333, Gazprom - 6.348.

Futures on SP is growing at 0,2% and is at the level of 1134.6 points.

By 12:30 Moscow time the euro /dollar is at 1.437. Today, the MICEX to the dollar yield 29.6 rubles for one euro - 42.57 rubles. Thus, the value of currency basket is now 35,46 rubles (in Friday trading on the basis of the cost of currency basket was 35.37 rubles). Statistics corporate results leading U.S. banks will come on the market already in the environment and is likely to have very important effects, including the tendency of exchange rate changes in FX. Influenced the course of currency trading are likely to have also data germanskogo business climate index, ZEW, the dynamics of producer prices and the U.S. leading indicators that go on Wednesday, Thursday and Friday respectively. Nevertheless, in general, at present declining trend EUR /USD rate in the direction of markers support current weekly exchange rate corridor of this currency pair is the dominant “, - says Alexander Osin, chief economist UK “Finam Management”.

“Further dynamics of bidding will be determined by the situation on raw sites, a situation which can be very negative for the bull.” Nevertheless, the positive factor is the continuing inflow of funds from Western investors in emerging markets, which keeps them from correction but do not forget that this influx was once stopped, and then the market could significantly correct “, - says Dmitry Dorofeev, analyst IK” Vestiga “.

now trades in the U.S. are not held in connection with the celebration of Martin Luther King. “Probably in the afternoon, the activity of the bidders will decrease. Gradually optimism on world stock markets, established since the beginning of the year, followed by increasing nervousness of the players on the background of uncertainty about prospects for the global economy. Ability to continued growth in the medium term will be determined by the nature of the outgoing corporate reporting”, — analysts say the IG UNIVER. This week come out reporting Citigroup (January 19); ConocoPhillips, IBM and Bank of America (January 20); Google (21 January) and GE (January 22).

   Source:
   
    
   
  

 

This week Russia”s indd80ices at best, be able to “heave” and keep the progress in the beginning of the year levels
Viktor Zubkov: Major work on the construction of South Stream will start autumn 2010
Outside the background of recent days has been controversial
Kommersant: Goods recirculated
Were stretched wide network

In the fourth quarter of 2009, retail trade turnover began to grow. Retailers are hoping that the worst is over …

Today the market of Russia continue to dominate sales, which led to the continuation of the negative dynamics of trades
Today, the market demand for Russia to continue in some second-tier stocks
Negative factor in the market of non-ferrous metals appear significant fluctuations in the currency market and weak demand
Better the market traded securities telecoms: “North-West Telecom (2.52%), Sibirtelecom (1.96%)