05.02.10 10:15 ;
 

Yesterday, February 4, 2010, trading on Russian stock markets ended a record decline in major indexes this year. By the end of the trading session, the RTS index fell by 2.930% to a value of 1463.01 points. The MICEX index fell 2.46% to 1395.87 points. Trading volume on MICEX was $ 6 901.85 million negative sentiment that prevailed in the world trading floors, lower oil prices and disappointing American statistics have left the choice Russia”s exchanges.

huge losses on its day of oil and gas industry suffered a paper because of falling oil prices by more than 3%. The price of shares in Rosneft declined by 1.38%, LUKoil - on 1,87%, Gazprom - on 1,94%, Surgutneftegaz - on 0,78%.

outsiders of the day became the paper of telecommunication companies. Preferred shares of the North-West Telecom lost 3.94%, “Volgatelekoma” - 4,57%, “Sibirtelecom” - 3,22%, “CenterTelecom” - 4,52%, Uralsvyazinform - 3,75%.

closed in positive territory, only shares of OGK-5 (0.835%) and Polymetal (1.774%). As it became known, “Polymetal” sells a license for exploitation Veduga for $ 50 million buyer is Cypriot Koosy Holdings Limited.

Shares of Sberbank for the day, lost 3.74%, VTB - decreased by 0.26% against the backdrop of bank reporting, whereby net profit VTB for January 2010 amounted to 6.16 billion rubles, which is 2 times less than in January 2009, when it amounted to 13.2 billion rubles.

In the evening session on FORTS futures on the RTS index fell by 2,408% to 142,235 points. Futures for shares of Gazprom, Lukoil, Sberbank lost 1.687%, 1.948% and 1.667% respectively.

As a result of ADR trading prices for Russia”s actions amounted to (in one receipt): VTB (Eng) - 5,03, Gazprom (Eng) - 24,6, Lukoil (Eng) - 54,6, Nor. Nickel (Eng) - 15,12, Rosneft (Eng) - 7,61, Surgutnfgz (Eng) - 8,31, Mobil TeleSystem (USA) - 45.65, Rostelecom (USA) - 27.35, Vimpelcom (USA) - 17,49, Mechel Steel (USA) - 20,01.

American stock market finished the trading session on Feb. 4 against the backdrop of the collapse of the indices of weak macroeconomic statistics on the labor market. The numbe1000r of continuing to receive unemployment benefit Americans for the past week has not changed and amounted to 4.6 million people, while analysts expected reduction target of 21 thousand the number of Americans who applied for the first time for unemployment insurance rose to 480 thousand, while Experts had expected a decline to 460 thousand a result, Dow-Jones index fell to 2,6113%, SP - to 3,114%, Nasdaq - to 2,989%. As a result, the value Dow-Jones reached the level of 10,002.18 points, SP - 1063,11, Nasdaq - 2125,43 points.

Panic sentiment prevailed today in Asian trading floors. Stock trading in Japan resulted in the most significant decline Nikkei index in two months. Following the auction, he sank to 2.89% to 10,057.09 points. China”s Shanghai Composite Index lost 2.989% to 2,125.43 points.

Friday morning rate of pair euro /dollar at Forex stands at 1,717. The March futures for Brent crude traded at $ 72.27 a barrel, Light - $ 73.47 per barrel.

Thus, the background before the opening of Russian trading sharply negative. Analysts agree that in the course of the day sale on the market of Russia will continue. “We expect to continue reducing the Russian stock quotations at the opening of tenders. Of the important statistics in the afternoon, is expected to block the publication of statistics on the labor market in the United States,” - commented Timur Khamitov, an analyst with investment company “Finam”.

Goals from Paul

“IFC” Eurogreen believes that Russia”s stock market opening will resume its decline due to external background. “MICEX goes in the range 1360 - 1370. Pair EUR /USD, breaking through support continues to decline today, which would adversely affect the markets. At the same time the MICEX index can break important support for 1360, which could lead to a further drop in the index for 1350, but has not seen significant sales, which leaves hope that the decline today may “, - the expert believes.

According to Natalia Lessin of GC ALOR “, in the first half of the session sale will affect all sectors of Russia”s market. Stocks of raw materials companies will come under pressure from falling prices for oil and metals, while shares of the banking sector will follow the general negative sentiments reigning in global stock markets. Rosneft can test at least one year - 227,8 rubles. Who can stop the sale ” - says the analyst.

  

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Forex - results of the day
Figures for the U.S. labor market may revive the market, if you still will be good
During the day the Russian market is expected negative dynamics on the full range of shares on the background of speculative sales
In the future, the MICEX index may go below 1,365 points, after which the guide will be the mark of 1300 points
The Russian market will again follow the dynamics of quotations of oil futures and the U.S.