Last week, the MICEX index rose by 0.6% closing at 1419.4 points today, compared with the closing at 1410.5 points last week. Within weeks we have seen much downward movement on Tuesday, when the MICEX index fell by 2.2% against the backdrop of negative news from China to tighten monetary policy, weak accountability of American companies, and with falling oil prices.

On Friday, Russia”s market was closed in virtually “zero,” adding only 0.91% of the previous day”s close. At mid-day trading took place in the red zone at low volumes, but after the release of data on U.S. gross domestic product in the 4 th quarter which grew by 5.7% year on year (expected 4.7%), Russia”s market has grown and left a plus.

In the foreign exchange market dynamics defined by the general mood of investors, which was especially noticeable on Tuesday, when the quotation currency basket rose by almost 20 kopecks to 35.91 rubles on the background of falling stock market. On Monday and Thursday, the depreciation of the currency basket was due to the continuation of the tax period: Monday made the payment of severance tax for December, and on Thursday the first monthly advance tax profit for the first quarter of 2010.

Forex on the European session
Bounce up, which enabled Russia to complete the auction index on Friday in the Green Zone, and may continue next week
Asha MOH plans to complete the modernization of steel capacity and begin to hot testing of new equipment
As leaders of growth on the basis of the day were shares of “Gazprom” and “InterRAO”, adding more than 2%
Status of Russia”s total oversold market buyers returned to the bourses
In 2009, the S7 Group ranked second in Russia by the number of passengers
Igor Sechin: The fifth and sixth hydroeld26ectric SSHGES will be launched in the 1 st quarter, their training is in full mode
Viktor Yanukovych intends to offer Russia, Europe and Ukraine to create a gas transportation consortium
USA: GDP growth is not even helped to support a full-fledged rally