The Russian market shares of AvtoVAZ has dropped by 4% due to an unfavorable financial statements according to international standards, published today. Short-term debt exceeds the value of the avtogiganta almost a third, and a net loss on the basis of 2008 amounted to 24.7 billion rubles., (In 2007, was recorded profit 3.7 bln.). Need to recognize that the measures relating to the complex crisis events, including investprogrammu and stimulate demand, have not yet yielded the expected results. AvtoVAZ in January-May 2009 reduced the sale of cars by 47% compared to the same period last year - reported by the Company president Boris Aleshin at the St. Petersburg International Economic Forum. Pessimistic forecasts say sales this year doubled the number of cars in less than a year earlier, and a substantial increase in debt. Thus, in the short term, shares are likely to be under pressure from retailers. Nevertheless, given the extent of state support, has already received or pledged AutoVAZ in the future, we can assume that as economic recovery and improvements in the real sector, interest in the shares of domestic avtokontserna on the part of investors will return.

Opinion: The probability of obtaining larger Ukraine IMF loan tranche is high enough
Forex on the European session
Increased negative trends in foreign markets can provide adequate pressure on the dynamics of the Russian market
Investors reacted to the negative statistics from the U.S. modest sales
Until mid-July, is expected to increase in oil prices to $ 75 a barrel
The course has increased the dollar - the evening review of cash markets
Kievenergo listed Gaza of Ukraine of 25 million UAH for the gas
Today, against the backdrop of an external negative Russian traders remained only to record profit
As of 18:00 Moscow time the volume of trades on the MICEX Stock Exchange amounted to 165.3 billion rubles