As a result, the bidding 04.09.2009 MICEX-power industry has lost 0.2% and closed at around 1,766, while trading volumes were significantly higher than in the previous trading session. Share prices of the largest companies in the sector showed mixed Friday dynamics: FGC shares fell 1.5%, paper RusHydro - 0,1%, the value of the shares IDC Holding has grown by 1%, paper Mosenergo risen by 5 , 8%, and the price of shares in Inter RAO UES fell by 1,3%.

We want to allocate shares of Mosenergo, whose value has increased significantly in the overall decline in market quotations of other generating companies by an average of 0,3%, despite a small accident on Friday at a heating plant Mosenergo (turn on one of the transformers), the fire was quickly extinguished without any consequences or disruptions in the supply of electricity. Moreover, this transformer is still a warranty period of the manufacturer, and we believe that the company will not incur significant costs associated with repair work. As the coefficient Enterprise value /shares of installed capacity Mosenergo traded at $ 286/kVt, significantly lower than the average for developing countries, the counterparts in the $ 998/kVt. Mosenergo remains our favorite in the generation sector, the forecast price is 9.9 cents per share.

On Monday the leaders of growth in the first hours of trading again proved to be preference shares «Sberbank»
Not pleased with the price of Brent oil futures at $ 67 per barrel - this fact will help to reduce the demand for shares of oil and gas companies
Ability to continue the growth of the MICEX Index in the coming weeks, apparently persists
Gold futures continued to consolidate in the $ 990-1000
Speculative recommendation on shares of Polyus Gold, Gazprom, Lukoil, Sberbank, VTB
Law on Financial Recovery accelerate out of Russia's economy from the crisis
Today the U.S. celebrates Labor Day
Last Friday, the euro /dollar at the U.S. session, rose to 1.4190 marks from 1.4325
Review of the FOREX market for 04.09.09