next week the market can demonstrate rehabilitative reduction

In Friday trading on the Russian sites have opened growth of quotations. In the first thirty minutes of bulls on a positive external background, kept the market in their hands, but in the future on the market increased sales, which resulted in a reduction which remained on the market before the end of auction. The leaders began to reduce OGK-5 and VTB, whose losses have amounted to more than 5%. Despite the negative dynamics of the market, common and preferred shares of Rostelecom demonstrated growth on 15,4% and 10,4% respectively. As a result of trading the MICEX index lost 1,83%, dropping to a level of 1317.07 points.

traded on the American sites have opened lower quotations and during the first hour of trading the major indexes lost about 1%, after which the market moved in the lateral dynamics. Toward the end of the session platforms failed to show a small increase, in which part of the morning's losses were offset. Loss of the Dow Jones and S P500 amounted to 0,67% and 0,81% respectively, the NASDAQ index fell by 0.76%. At the morning session, futures on S P500 index shows a slight decrease in quotations on the levels close to 9.50 on Friday and is trading at 1082 points.

energy market after the closure of our demonstrated positive dynamics, which allowed futures on Brent oil to surpass $ 77. At the morning session, the market tried to continue the upward movement, but the wave of sales led him to the correctional movement. As a result, 9.55 futures on Brent crude traded at 77.05 dollars per barrel.

Today, the Russian sites can expect a positive opening. In the first minutes of the dynamics of quotations will be due to rising oil prices, which will support the paper relevant sector. At the same time in the future we can once again see a decrease in quotations of Russian shares. Ability to repeat the scenario that unfolded on Thursday and Friday in our market, is high. Current levels are attractive to profit-taking on long positions, and morning rise will enable big players to continue to sell shares on Friday levels. However, we recommend players to stay calm and currently hold the position, as signals to the trend reversal yet.

If we talk about the upcoming week, it is quite possible that it will bear. The market has achieved the goal of growth at the level of 1370 to the MICEX index, which began correctional movement. The purpose of corrective dynamics can be supported at the level of 1260 points, where the market will be determined with further movement. This week will be an important factor in reporting U.S. companies, as well as data on the housing market in September.

The level of support today for a fixed term for the RTS with the performance in December - 133 900
This week, the market expects a new, even more significant portion of U.S. company
Ruble to the dollar and the currency basket on MICEX today is 29.38 and 35.83 rubles, respectively
In this situation, the exchange is preferable to look for ways to open short-positions
Today the demand for shares in Sberbank and VTB will continue
Some of the negative impact on the euro had quotes statements Eurogroup head Jean-Claude Juncker
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