The U.S. market closed lower yesterday against the backdrop of a weak real estate market statistics, and mixed quarterly results. Futures on the SP 500 index losing more than 0.5%, Asian markets closed lower. European sites followed the markets of Asia and the U.S., after the opening of a neutral began to move downwards. Pan-European FTSE Eurotop 100 index of -0.7%, Britain's FTSE 100 -0.98%, the German Xetra Dax -0.95%, French Lyxor Cac 40 -1.32%. In Europe, theleaders of today, reducing the bank's shares. Shares of Germany's biggest bank Deutsche Bank fell by 3%, despite expectations of a threefold increase in net profit in the III quarter against a background of tax benefits. Shares Royal Bank of Scotland in the red at 2.4%, Lloyds -1.4%, Barclays -1.4%. Against the background of lower subside metals mining stocks. Vedanta Resources -2.1%, Anglo American -2%, Xstrata -1.7%.
slight strengthening of the dollar had a negative impact on oil futures, which are reduced by 1%. Also yesterday, the American Petroleum Institute API reported an increase in oil reserves in the greater-than-expected amount. Now will come the official data from the Ministry of Energy. Spot Brent $ 75.96, WTI $ 79.09.
deterioration of the external background is reflected in our market. Immediately after the opening of the negative market went into a plus, but soon decline resumed. At 15:00 MICEX index decreased by 2.23%, RTS index at 1.71%. Trading volume fell to 39 billion rubles.
Board of Directors of Svyazinvest yesterday approved the accession to the MRC Rostelecom and said that waiting for the completion of legal action on the reorganization in May 2011. Debt MRK in joining Rostelecom will be held in 2010. The coefficients of exchange of shares for shares of MRK Rostelecom remains unknown. Stocks Rostelecom grow by 3.3% on shares of the regional telecom market participants record profits. Uralsvyazinform vaccinated. -3.8% Sibirtelekom vaccinated. -3.7%, Volga Telecom -3.2%.
net loss of VTB IFRS in the I half of 2009 amounted to 31.5 billion rubles. against 16.3 billion net profit a year earlier. VTB has reduced the net loss in the II quarter compared with I, at 46.3%. Equity Bank decreased by 3.8%. Sberbank -2.5%. The decline in commodity securities stocks headed for a long time has led the growth. Polyus Gold -5%, Gazprom Neft -3.4% -3.1% of NLMK. Gazprom's shares lost 2.1%.
From the statistics distinguish only the stocks of oil and petroleum products in the U.S., more important data will not be. At 22:00 Fed's Beige Book published by the United States. Before the opening of trading in the U.S. will publish quarterly results of banks Wells Fargo and Morgan Stanley. Late in the evening will report to Boeing. While the chances of further reducing the dollar's sharp fall is not worth waiting. Representatives of the monetary authorities in the United States in one voice speak of the commitment of a long course of low rates to support the economy. If the dollar will continue weak, oil prices and metals will remain at high levels, that for our market is very positive. Against the background of high commodity prices will strengthen the ruble. Thus, the charges against the correction we see only with the growth of the dollar. The meantime, the market will continue to fluctuations in the lateral range of 1320-1400 points. Reaching the upper limit on the level of 1400 is delayed, but it is worth of oil to surpass $ 80, and the dollar to go lower than 1.5, the market will go above this mark.
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