The forecasts of analysts: High oil prices today will help to overcome the MICEX index marks 1000 points

30.06.09 10:04 ;
  Trading on the Russian site on Monday went fairly smoothly. Worse market traded shares of the financial sector: paper «Sberbank» grew by a mere 0.35%, VTB - on 0,87% after news that the banks will have to increase the total loan portfolio at 400-500 billion rubles.

Among the liquidity of securities in the growth leaders yesterday came out NLMK shares (10,5%), «Rostelecom» (8,6%), «Tatneft» (7,5%) and GMK «Norilsk nickel» (5,8 %). In the outsiders left the paper «RusGidro», lost 0.08%.

Following Monday RTS index lost 0.42% to 951.46 points. MICEX Index has completed trades in the «black» 3% (989.3 points). Trading volume on MICEX amounted to $ 5 988.32 million «trading volume continued to decline in the fifth session running that might be said about preparing the next phase of sales», - says Alexander Volynsky, Manager Asset «Investment Chamber».

External background before opening the bidding on Tuesday Russia is positive. This morning the course of a pair of euro /dollar at Forex stands at 1.41. Against the background of weakening of the dollar is believed by experts greatly increased oil prices. In addition, quotes «black gold» influenced by the suspension of production in Nigeria because of rebel attacks on oil pipelines. The August futures on oil brand Brent traded at around $ 72.64 a barrel, Light - $ 72,89 per barrel. Experts believe that oil prices have reached their maximum values, and after opening in Russia will be under pressure.

Stock Markets United States completed a session in «green» area against the backdrop of another increase in the cost of «black gold» and optimistic sentiment in regard to rapid economic recovery. As a result, Dow Jones rose by 1%, S P500 to 0,9%, NASDAQ rose by 0.31%.

Trades Asian sites have been optimistic. The significance of the Japanese Nikkei index rose by 1.8%. China's Shanghai Composite Index gained 0.2%.

From the economic data published on Tuesday, is worth noting the price index for shelter from the Nat wide, as well as data on the GDP of Great Britain, the data on unemployment in Germany, data on inflation in the euro, U.S. consumer confidence indicator and the index of business Active Managers Association of Chicago.

Catherine Loschakova, analyst IK «Financial Bridge», considers that if the statistics would be better than forecasts, the domestic market could continue within the framework of an ascending trend.

Additional inspire optimism investors expected this week statistics: it is highly likely that economic performance will match or even exceed the projected them.

Many experts suggest that the opening of tenders will be held today in Russia to «gepom» up. The positive dynamics of the world's playgrounds, record oil prices, of course, will support the domestic market.

According to Dennis Kruglova, analyst IK «Finam», this morning's positive background for the Russian stock market. «Against the backdrop of rising prices on commodity exchanges, the leaders of today may become a growth stock commodity companies, primarily oil and gas and metallurgical sectors. Out of the most significant today, will publish the index of consumer confidence in the U.S. », - he predicts.

«It seems that we may see another wave of cross from the overheated securities on the financial sector in neftyanku. MICEX index with the opening today, apparently overcome the mark of 1000 points, but whether he can gain above that psychologically important it is not clear », - indicates Dmitry Kontorschikov, Senior Analyst IR« Vestiga ».
  

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