21.08.09 12:59 ;
  Russian trading platforms have started today a decline «blue chips» against the backdrop of deteriorating foreign stock and commodity market conditions. During the first minute of the trading the MICEX index lost 1.29% and dropped to 1049.14 points, RTS prosel at 0.09% to 1017.58 points. Liquid Paper proseli exchanges on 0,1-2,4%.

By noon the situation has stabilized, because the European indices are not supported by the negative trends in world markets. Europe opened in positive territory, so to 12.45 Moscow time RTS index has managed to get in, plus, adding 0.45% to 1023.09 point, the MICEX index was at 1054.78 points in the point (-0.761%). The volume of trades on the MICEX was $ 1 547.53 million

«At this point in the spectrum of« blue chips »observed contradictory situation. Apparently, the stock market in Russia is defined by the direction of further movement. Existing levels of the Russian index, in general, consistent with their fundamental assessments. The most logical from the standpoint of the fundamental approach, the script looks like the development of a local correction of 15-20% to the existing prices. However, until the external environment is not conducive to the development of negative attitudes in the Russian market. In an optimistic external environment the most likely scenario for the Russian market in the near future is the scenario of consolidation in the range of 1050-1150 pm. MICEX index », - believes Vasily Konovalov, portfolio manager FINAM.

By 12.45 Moscow time FTSE index rose by 0,154% to 4763.91 item DAX index rose 0.19% to 5,321.16 point, CAC 40 index was 3505.32 points (1.593%). SP futures lost 0.1% and is at the level of 1003.7 points.

ADRs for Russian equities in London (in dollars per share) were: «LUKOIL» - 47.4, «NorNikel» - 103.3, «Rosneft» -5.83, «Rostelecom» - 5, «Gazprom» - 4.895.

Oil prices over the past 24 hours little proseli - decrease due to the technical correction, and with the strengthening U.S. dollar, say analysts. By 12.45 Moscow time October futures for oil brand Brent traded at around $ 73.24 a barrel, Light - $ 72,62 per barrel.

At the appointed time on the MICEX to the dollar gives 31.91 rubles for one euro - 45.49 rubles. Thus, the value bivalyutnoy basket has increased and now amounts to 37.94 rubles. By 12:45 Moscow time the euro /dollar is at a level of 1.42.

«In the coming weeks, reducing the relative value of RUB in the world market, may continue even in a favorable result in the development of the situation on financial markets of Russia. Expected in the medium-term strengthening of central financial support for domestic consumption and investment in the environment may have a relatively smooth process of improving the performance of external payment Russia will contribute to the development of this trend », - believes Alexander Osin, Chief Economist of Finam Management .

Of the major events of the day is worth noting the meeting, Prime Minister of the Russian Federation Vladimir Putin on Sayano-Shushenskaya hydroelectric power station, as well as launching Vankorskogo deposit «Rosneft», and the imposition of export duty on nickel.

In the United States at 18:00 Moscow time go on sales in the secondary housing market in July. At 18:00 Moscow time in the FRB Kansas chapters of the Fed statement will begin the USA Ben Bernanke on the financial crisis.
  

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