three-month maximum

trading day on Tuesday on the world market was marked by a growing optimism and appetite for risk, which apparently is a continuation of the reaction of investors on the outcome of the meeting of finance ministers G-20, held last weekend. Throughout the day, the dollar weakened, quotes, commodity confidently walked up and equity markets prevailed very benevolent mood, and Russia's market looked like one of the best. At the same time in the favorites were all the same - stocks of Sberbank, update their annual highs, MRC, there was good demand in oil and gas sector. RTS index on the basis of trades rose steadily above the mark in the 1 100 points - the maximum value since the beginning of the summer.

However, this morning with world markets look much calmer yesterday. Asian stock traded in the lung area minus, slightly adjusted and commodities. Against this background, Russia's market has an opportunity to take some pause after yesterday's growth and its main actors - to recompose their portfolios. The key event of the day in terms of fundamental news promises to be the outcome of the next meeting of OPEC in Vienna, which, however, is unlikely to be able to surprise the market significantly.

We have downgraded their estimate of the target value of 1 share of Akron 9% from $ 20.9 to $ 19.1 for the paper to reflect the lower than our expectations of the value of the sale of a minority stake Siboilgas (details - see Chemical Industry ).

Stock markets in Asia fall on Wednesday due to sales of shares of several companies
The level of support for fixed-term contract on RTS index today - 112 000 points
Profit-taking in Russia's stock market will contribute accumulated over the past two days overheated
The closest resistance on the MICEX index was at around 1,165 points, support - in the zone of 1100-1110 points
If the external background is changed to positive in the near future the market may test the 1,160 point mark on MICEX
Correction in the prices of industrial metals during the Asian trading can bring sales of shares in Russia's Metallurgical
If the dollar falls, the growth of commodities will continue, that would be beneficial for Russia market
Russia's indexes out of the side of the corridor, most likely continued upward movement of the maxima of the year
In the short run does not exclude certain depreciation of the ruble in relation to leading world currencies