05.02.10 12:58 ;
 

The Russian market today, as expected, opened with a significant gap down following the world stock markets and oil prices. Loss of the MICEX index opening up more than 1,5%. During the bidding drop increased, and by 12:50 Moscow time the MICEX index dropped to a mark 1356.7 points, losing 2,81%, RTS index reached 1406.03 points (-3.89%). On FORTS the March futures on the RTS index in a minus on 3,4%, to 140,810 items.

Fall swept almost all the papers. As leaders of the decline - “the North Caucasus IDC” (-6.41%), AFK Sistema (-5.35%), Mechel (-4.18%). The green “islands” have become stock “KAMAZ” (5,4%), Rostelecom (1,71%), Uralsvyazinform (0,55%) and TGK-14 (2,78 %).

European area supported by the negative attitude of the Russian players. FTSE index fell 0.96% to 5089.9 points, DAX index dropped to 0.57% to 5,501.76 points, the CAC 40 index was 3,652.97 points (-0.98%). By 12.30 Moscow time on Russian ADRs rally in London (in dollars per share) are: Lukoil - 53.2, Norilsk Nickel - 148, Rosneft - 7,478, “Rostelecom” - 4.96, Gazprom - 5,964.

Futures on the SP is reduced by 0,35% and is at the level of 1058 points.

By 12.40 Moscow time, the March futures for Brent crude traded at $ 71.59 a barrel, Light - $ 72.83 per barrel.

By 12:40 Moscow time

euro /dollar rate at the level of 1,368. Today, the MICEX for one dollar give 30.47 rubles for one euro - 41.72 rubles. Thus, the value of the currency basket now is 35.56 rubles (yesterday, on the basis of the cost of bidding the currency basket was 35.36 rubles).

main event today and throughout this week, which was eagerly waiting for investors - a report of the Ministry of Labour on the state of the employment market in the U.S.. As experts note, is the only thing that today can remedy the situation and return to bidders at least short-term desire to buy. “We do not exclude that in the event of bad statistics on the labor market in the U.S., investors will revise their economic expectations that he would return for some time, the demand for raw materials and support the actions of domestic mining companies”, - said Vasily Konuzin, head of analytical department of IFC Alemar “.

“If the current data on the number of employed in industries outside of agriculture in the United States will demonstrate the reduction of less than 100,000, the financial segment of the risky investments, and, with it, the euro will probably soon expect a certain increase quotes. However, in general, these macroeconomic and financial statistics, including those relating to employment of America, continue to testify in favor of market revaluation increases with the current level of investment risk “, - says Alexander Osin, chief economist of the Criminal Code” Finam Management. ”

If the report is released negative, then in the evening on the stock markets can be another wave of sales.

  

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Review of the foreign exchange market. 05.02.2010 r
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