The Russian stock market declines on Monday following the desheveyuschey oil

08.06.09 12:48 ;
  On the negative external background of the Russian market opens on Monday gepom down to 1-1,5%.

Shares of Sberbank losing to 12.30 Moscow time 5.4%. According to the Minister of Finance A. Kudrin, the Russian banking sector will inevitably be faced with the second wave of crisis-related problems of quality assets. Such predictions make equities sector leaders decline in the early hours of bidding.

On Friday, oil, after a long struggle to overcome mark in $ 70 a barrel class WTI, but the gain at that altitude they were not able to. Rising oil prices followed the collapse, the cause of which was the strengthening dollar. On Monday morning the trend falling value of «black gold» have been developed with support from news released yesterday about the growth of oil production in Iraq, the third largest producers of OPEC. Corrective oil prices put pressure on shares of oil and gas sector and the Russian market as a whole. To date, the paper Tatneft lost more than 5.6%, Rosneft - 4.51%, Gazprom - 4.3%. The July futures on oil brand Brent traded at around $ 67.14 a barrel, Light - $ 67.09 per barrel.

best market in the first half of the session again traded energy sector.

Futures on the SP in «red» at 0.95% and is at the level of 931.5 points.

Russian ruble to the dollar and the basket bivalyutnoy today to 12:00 Moscow time was 31.08 and 36.63 rubles against, respectively, 30.75 and 36.60 rubles at the auction Friday morning session. According to chief economist CC «Finam Management» Alexander Aspen, technical factors, as well as increasing in recent weeks, the medium-term financial and economic risks are still allowing the visible bear correction rate in the foreign exchange market in the coming weeks.

According to most experts, the further movement of the Russian market will depend on the dynamics of the western sites. While bidding for the European sites are in the «red zone». FTSE index losing 1.32%, the index DAX - 1,69%, CAC 40 index - 1.6%. By 12.30 Moscow time ADRs in the Russian equities in London (in dollars per share) as follows: LUKOIL -52.1, -102.4 NorNikel, Rosneft - 6.24, Rostelecom - 6.13, Gazprom - 5.595.


  

    Source:
   
    
   
  

Analyst Forecasts: Growth indices in the Russian environment can be expected at the opening
In the absence of trading ideas the Russian market on Tuesday consolidated at the levels reached earlier
A guide to Russian investors remain high quotations of oil futures on commodity markets
Analyst Forecasts: The domestic stock market in the morning there is a short-term positive momentum
Against the backdrop of general decline of Russian stock market shares of the energy sector continued to boom
The forecasts of analysts: External background on Monday contributed to a negative opening of Russia's bid
The Russian market was closed on Friday in «green belt» against the backdrop of the continuing growth of oil quotations
The Russian stock market dominated by the positive mood, shares of energy companies led growth
The forecasts of analysts: In the morning, good to be traded securities Sberbank and neftyanki



Leave a Reply
\