Russia stock market continues to consolidate, short-term trend remains side, medium and long-term trend - bullish. Among the liquidity of chips is worth emphasizing action Savings Bank, went up by 4%. What is the reason, I'm at a loss to conjecture. But they say that the market for these securities have a certain amount of short. And, besides, there is the assumption that growth is linked to the upcoming additional shares, and in anticipation of the emission rates are trying to tighten. In general, lucid explanation I have not, but on the fact of the Paper Sberbank rose above the market.

As for today's rally to Telecom, it seems, is coming to an end. It should be noted that, despite the fact that within a few weeks short-term trend remains lateral and the broad market continues to consolidate, in the third tier there are exceptions. And in general we can say that on good paper with ideas in the second and third echelon trend remains bullish, and short-term as well.

papers of the second and third tier rated below average in blue chips, as the market there is a huge liquidity premium, the gap is gradually decreasing. Recently there was a strong increase in the shares, telecom and energy, in principle, the market looks favorably on echelons and, probably, increase the shares of the second and third levels, among other reasons due to the fact that investors who receive income in the first echelon and also after reading research brokers and lock in profits, decided to shift. There is a trend that brokers increasingly focused on the third tier, which of course helps to attract new money, and also explains the growth. Six months ago there was virtually no distinct research on second-tier issuers, most spoke only on the chips, and it is logical that the chips have been underestimated. And now, the chips can not be called undervalued, but liquidity is present. And it is logical that brokers are beginning to pay attention to the less liquid stocks.

In general, the investment situation in Russia's stock market appears to be relatively favorable
World stock exchanges continue to be in two minds
Asian markets uncomfortable Thursday
Asia: now resting on their laurels again horned
Naftogaz is concerned about the low level of payment Teplokommunenergo for gas
Interest in shares of gold mining companies due to strong growth in prices for precious metals in European sites
Recommendations for market shares: LUKoil, Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank
Finam appropriated the recommendation of the shares of Polymetal
Net profit of OGK-6 under IFRS for 1 half of 2009 grew to 48 times - up to 2.7 billion rubles