The disappointing statistic data from the United States reversed the “no” to all of these positive market of Russia

 
  
 
 
  03.02.10 20:22 ;
 

Russia stock market has opened trading today, the growth of the major indices followed by oil and world stock exchanges. “Gap up opening up 0,6% on the MICEX index. By 13.00 Moscow time RTS index rose 2% to 1528.73 points and the MICEX index - on 1,28% to 1455.12 points.

During the day, the growth of Russian indices constrained negative dynamics of European exchanges. As a result of trading the FTSE fell by 0,571% to 5,253.15 points, DAX index dropped to 0.66% to 5,671.50 points, the CAC 40 index was 3793.47 points (-0.489%). Trades in the United States opened in the “red zone”, at 20.10 Moscow time,1000the Dow Jones index sank to 0.525%, S P500 - to 0,746%, NASDAQ - at 0.419%.

today in the first half of the trading session the market leaders once again were the shares of MRC, but on its day of securities of companies in the telecommunications sector showed differently directed dynamics. Capitalization “Volgatelekoma” decreased by 2,234%, Uralsvyazinform - at 2,668%, “Sibirtelecom” - at 3,190%, “North-West Telecom - by 5,372%. Shares Rostelecom went up by 0,77%, “prefecture” CenterTelecom “- on 8,45%, Uralsvyazinform - at 4,663%. Today a meeting of the coordinating council of Svyazinvest, which to representatives of minority shareholders has been brought to the method of estimating regional operators for the purpose of exchanging them for shares of Rostelecom. The main intended use of discounted cash flow method, which will fully take into account the capacity of each target firm, based on current and forecast parameters of development. “It”s very good news for regional operators, as it is with this model can better assess their prospects and potential. Therefore, we have a very optimistic view of the assessment. While we do not expect a formal evaluation prior to submission and approval at a meeting of the Board of Directors , which is scheduled in May 2010 “, - said Sergei Vasin, an analyst at IFC Metropol.

good demand from investors now use the action “MRSC of North Caucasus” (7.590%), OGK-5 (3.375%), Mechel (2.894%). As leaders of growth were also shares of producers of fertilizers on the background of rising prices for potash fertilizers, Uralkali (4.340%), “Akron” (1,19 %).

better market closed paper Severstal (1,38%), while positive edema: in 4 quarter of 2009 steel production increased by 2% - up 4.6 million tons. “We expect that 2010 will continue the trend recovery in demand for steel and pricing improve conditions for its implementation, which would increase the financial performance of Severstal.” However, the company can also increase its shareholder value by selling the troubled foreign assets, “- says Timur Khairullin, a senior analyst IK “Grandes Capital”.

oil and gas sector as the only “green spot” were shares of Gazprom and Gazprom Neft, quotes added 0,25% and 0,69% respectively. Papers of “Lukoil dipped 0.94%, Surgutneftegaz - on 0,55%, Rosneft - to 1,810%.

By 20:10 Moscow time futures for Brent crude for delivery in March traded at $ 75.966 per barrel, Light - $ 77.01 per barrel.

closer to Russia”s closure of the trading session in the United States were published disappointing statistic data, which increased profit at the market of Russia and increase the MICEX index in the “red zone”. Oil reserves in the U.S. last week rose by 2.3 million barrels to 329.0 million, is expected to increase to 0.2 million barrels. Index PMI, reflecting activity in the services sector of the U.S. economy, in January amounted to 50,5 points, analysts expected the index at 51.0 points (indicator value is below 50 points indicates a downturn sector). “Today”s statistics rather unfavorable business climate indicator in the services sector, calculated by ISM has lowered U.S. indexes at the opening of tenders. However, in many respects, given marketed the media, the January decline of this indicator is expected to investors. The key influence on changing market stock quote in the short term is likely to have statistics of the U.S. Department of Labor, issued in Friday. In general, the market continues to be implemented the scenario of1000consolidation of stock quotes in a wide price range, which may remain relevant and potentially the next few weeks “- believed Alexander Osin , chief economist UK “Finam Management”.

At the end of the day the dollar RTS index rose by 0.15% to a value of 1509.34 points. The MICEX index fell by 0.386% to 1431.08 points. Trading volume on MICEX was $ 6 732.20 million

on MICEX today for one dollar was given - 29.8861 rubles for one euro - 41.8247 rubles. The cost of currency basket, thus, is 35.2745 rubles (yesterday it was 35.4851 rubles). Currency pair euro /dollar at Forex stands at 1,3915.

In the evening session on FORTS futures on the RTS index rose by 0,285% and amounts to 151,385 points. Futures for shares of Gazprom, Lukoil, Sberbank added 0.253%, 0,2% and 0,068% respectively.

In the view of Enver Bilyalov, Sayles-trader IC “Prospect”, the market of Russia seeks to upgrade “Hai.” “Get it or not - time will tell. We continue to move in a certain lateral channel, which began drawn at the end of last year. Went out, and further clarify the dynamics of the sites. While most of the factors indicating a possible promotion to top, despite the fact that market is already so high enough, but the correction was not. Buy terrible, but on the other hand, the ruble is behaving properly, the oil prices are high, and this should instill confidence in players, “- says the analyst.

Dmitry Caesar of AKB Evrofinance Mosnarbank believes that ultimately determine the direction of movement of Russia”s market will be able to on Friday: in the U.S. come out basic information - Non farm payrolls. “If they prove to be quite good, the lateral movement will continue, if worse than expected, it can very substantially increase selling pressure,” - he comments.


  

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