The market may try to return to the levels of the closure Tuesday, and test the resistance in the region of 1100 points on MICEX

The Russian stock market on Tuesday was able to partially recover using a local improvement in the external environment. As a result of trades on the RTS index rose 0.47% to 1082.19 points and the MICEX index at 1.98% to 1099.42 points. Activities of bidders that have increased significantly and returned to the usual level for the last time: The volume of trades on the MICEX reached 63.03 billion rubles.

At the opening of bidding on Tuesday there were attempts to continue to decline, but they were not crowned with success. For almost the entire trading session Tuesday, there was preferential growth of quotations. The main factor of growth while the newly made oil prices, which on a background of weakening the dollar yesterday for some time been able to return to levels above 72 dollars per barrel. Also, the market reacted positively to reports that the number of bookmarks of new homes in the U.S. rose in May to 17.2% compared to April.

At the maximum daily quotes left about 17:00, after which the optimism of investors went on the decline due to the reported decline in industrial production in the United States at 1.1%, which was worse than expectations.

leading growth among the most liquid instruments, on Tuesday were shares of Sberbank and VTB, which fell markedly stronger than the eve of the remaining securities. Also, demand for shares of metallurgists and oil companies because prices of raw materials.

At the end of trading session Tuesday Russia partially adjusted after the growth during the day, but he still closed on a lot of optimistic than the European and American markets. Oil prices after the closure of the trading in the Russian Federation also retreated below the previous closing, so we expect that when you open the Russian market will continue to decline. The potential reduction in the morning, we appreciate in the 0.5-1.5%. In the future, the market may try to return to the levels of the closure Tuesday, and possibly test the resistance in the region of 1100 points on the MICEX. The success of this attempt to go will be determined today by numerous data on the UK, Eurozone and the United States.

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Analyst Ratings


Ukrainian stock market on Tuesday closed raznonapravleno
European indexes vary slightly on Tuesday and raznonapravleno
Forex - results of day
The forecasts of analysts: Growing in the U.S. futures indices are deter Russia from severe morning Drawdown
The success of bulls are not able to consolidate, now on the Russian stock market There is an increasing sales
How to behave the Russian market at the end of the trading day will depend on the statistics from abroad
Of the international financial system will determine the direction of movement of the Russian market during the current week
The Russian market is not ready in time otygryvat every upward movement in oil prices
Evening trading session did not bring optimism to the flash market



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