The morning of the domestic market will show growth in the future, perhaps reducing stock quotes

Bidding opened at the Russian sites with gepom down. After closing the morning break, the market continued its decline to a negative external background. By the middle of the trading the MICEX index Breaks support at 1090 and its medium-term upward trend, then moved to the outset. At the end of trading session on the market swept a new wave of sales. The leader of decline were shares of Gazprom (-8%) on the background information on the possible lifting NDPI for the gas industry. Also, the dynamics of the market showed worse Norilsk Nickel and Sberbank, which the paper declined to 7.5% and 6.6% respectively. Better market traded shares of Rostelecom, which added 0.5%. At the end of the trading the MICEX index lost 5.46%, ending the day at 1039.43.

American site the whole day spent in the lateral movement from the previous closing. Attempts to take away market in one of the parties were not successful. Against this background, distinguished Index NASDAQ, which trades on the basis of added 0,66%. Loss of index Dow Jones and S P500 at the close of the order of 0.1%. Following the closure of the continued rise of energy quotes on a background of statistics on stocks of petroleum and petroleum products in the United States. This morning, futures for Brent crude oil reached a level of grade 71.2 dollars per barrel, but has adjusted to 9.40 to 70.6.

Today, we expect a moderately positive opening for our markets. The leader will be the oil and gas sector, against the backdrop of rising prices for energy. Thus, from a technical point of view for the index of the MICEX potential to return to пробитому bottom-up trend is about 2%, after which testing trend lower, the index may continue its downward movement.

Authorize and appreciate the story;;

3 users rated material at 3,7.


Analyst Ratings


The players still do not believe that the correction in the Russian market would be great
For the shares of Gazprom became important resistance 165 rubles
The picture outside the background slightly spoils the negative trend in Asian markets
The nature of the next trading sessions will be similar to earlier: the dramatic failure, and then attempts to stabilize and rebound up
Corrective mood in the Russian market is still very strong
MICEX Index in the coming weeks could go down to the marks, paragraphs 950-960
Magic 1100 points on the MICEX index remained behind, now turned into a strong resistance level
Submit news pessimism that agency Standard Poor s has taken negative rating actions in respect of 11 Russian Banks
The Russian stock market today may again go down



Leave a Reply
\