It is possible that during the session, the MICEX and RTS indexes fell below 1000 points

In the middle of the week the Russian stock market has adjusted to the substantial size: the RTS index fell by 4.05%, 5.46% on MICEX, both indices at the level of 1038-1039 points. Sales swept over the entire range of securities, their volumes have increased. The most affected stocks of Gazprom (-8%), the decline was reinforced by statements of intent to the Ministry of Finance to increase the level of NDPI gas. Shares of Norilsk Nickel fell by 7.5% to 5.7%, Rosneft, Lukoil to 4.3%, Sberbank to 6.6%. In the case of less liquid securities on the MICEX suffered Uralkali shares (-11%) and Raspadskiy (-11%).

Oil prices, meanwhile, supported the market: on the basis of bidding on 17 June WTI went up to 71.03 $ /barrel. and Brent at U.S. $ 0.61, to 70.85 $ /barrel. Inventories of crude oil in the United States for a week from 5 to 12 June fell by 3.9 million barrels. World stock markets on Wednesday showed the generally negative trends: the European indices have fallen to 2%, the U.S. closed with a change in 0.1 0.6%. Governors of the Bank of England M. King on Wednesday once again made a radical plans to reform the banking system. The main theme is the separation of investment banking from retail. Pressure on prices has also had a decision to downgrade the credit ratings of SP 22 U.S. banks, as well as moderately negative macrodata dollars. The consumer price index rose by 0.1%. Over the past 12 months, prices fell by 1.3%, which was their biggest fall since 1950. President B. Obama the day before announced major reforms of financial sector regulation.

Economists call it the most radical since the Great Depression, and believe that banks will lose their ability to manipulate the risk of financial instruments for profit.

Today, Asian markets show pessimism to 9:00 PM EDT Nikkei index fell by 1.7%. Oil futures went in the weakly negative zone, WTI - 0,06%, to Brent -0,24%. Both contracts traded above 70 $ /barrel.

the greatest degree of probability, at the opening of market on Thursday sales will continue. In fact, they increase or diminish, will indicate the external signals. It is possible that during the session, both the index falls below 1000 points. In this case, at the end of June can expect a further reduction in prices. Among the expected week of events today, the primary statistics of the number of applications for unemployment benefits in the U.S. index of leading indicators, as well as the Minister of Finance of the U.S. Tim Geytnera. Russian news: today the results for 2008 declared Rostelekom, WGC-6 and Wimm-Bill-Dann.

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Analyst Ratings


In the positive zone remain some oil shares, supported by still high oil prices
Correction on Russian sites vydohnetsya early next week
Strongly prosest Russian market not established the price of oil close to $ 70 a barrel
The situation on the foreign sites remains relatively stable
Today on the Russian stock market is expected small increase in the main indices
Today at the Russian sites is expected to continue the negative dynamics of
Another aim of the MICEX indexwill mark 1000 points
Shares IDC Volga now overvalued relative to the analogs
Today on the Russian stock market is expected to multidirectional changes in quotations of securities



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