On Monday, June 29, the first half of the trading on the American stock market was characterized by volatile dynamics. Biogen Idec led a decline in the health sector, however, the rally in oil prices led to an increase in the shares of the energy sector.
According to some analysts, the market is at a stage of consolidation in the lively in terms of macroeconomic statistics last week, and for the movement up required fundamental justification.
By 20:35 AM EDT barometer blue chips Dow rose 1,104% to the value 8 531.52 points, a broad SP 500 index increased by 0.975% and reached 927.86 points. Rate with a large proportion of the shares of high-tech companies Nasdaq has added up to 0.840% to 1 853.67 points.
Shares of biotechnology company Biogen fell to 7.06%, after Deutsche Bank cut the rating of securities companies to buy to hold. In addition, it was reported that even a single patient receiving medications from multiple sclerosis made by Biogen, has been identified brain disease. This is the tenth case, since the treatment was re-submitted to the medical community in July 2006.
Quotations largest U.S. oil producer Exxon Mobil climbed to 2.26% appreciation against the background of black gold at the auction in New York. The market capitalization of Chevron rose by 1.46%.
Papers Teppco Partners grew by 6.2% after the U.S. energy company Enterprise Partners has agreed to buy it for $ 3.3 billion The transaction will allow the latter to create the largest U.S. energy company. Under the terms of the agreement, Enterprise Partners will pay $ 31.36 for each share Teppco, which is 9.3% higher than the closing price on Friday. It should be noted that in April Teppco, having received the offer of $ 2.75 billion, has refused to bargain.
Shares third largest operator in the U.S. supermarket chain JC Penney stronger at 2.78%. Morgan Stanley raised the rating of securities companies with a hold to buy, citing the fact that the retailer is the most obvious candidate in its sector in excess of the forecast for profit in the second half of 2009.
Paper Wendy's /Arby's Group went up by 8.82%. Barron's magazine reported that the shares of the third largest in the United States fast-food chains will grow to $ 9 during the next three years.
In Hong Kong on 1 July smoking ban in public places
Trading session on Russian stock market on Monday was fairly quiet, with little volume and sudden movements
VTB has held the annual general meeting of shareholders at which the Bank's management has made several statements about the current situation
The Russian stock market in the coming days, possibly still recover some lost positions in the last week
The gradual decline in the ruble to the dollar in the coming months may continue
Europe: increasing confidence in the region a positive impact on investor sentiment
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