Russia
Trading on the Russian sites in the environment were quite volatile. External background at the opening helped sales: U.S. and Asian indices eve showed decline, oil prices are also in no hurry to grow. Against this background, the MICEX index lost around noon about 1,5%. However, the level of 1370 points was strong support, and after growing up on the SP futures went up and domestic indices. The reason for optimism was the coming meeting of the Fed, which was expected to save the key interest rate at a minimum. Before closing the mood of investors spoiled sales data on homes in the U.S., which turned out worse than expected. Nevertheless, the market managed to complete the session in positive territory: MICEX (0,5%), RTS (0,1%).

better market traded shares of energy companies. RusHydro up of the day showed an increase of 5,2%, OGK-5 went up by 2,5%, FGC - 0,9%.

The banking sector has grown against the backdrop of speculation about the possibility of restoring the market for retail lending at the end of II quarter of this year. Paper Savings Bank went up by 0.3%, VTB - by 1,4%.

Steel sector bargained different direction. Paper MMC Nornickel went up by 0,7% against the background of increasing Bank of America analysts forecast share price by 50% and the recommendation to “buy”. Papers Polyus Gold, by contrast, were downgraded by analysts to assess the bank and grew only by 0,2%.

oil and gas sector continues to be under pressure from weak prices for “black gold”. Outsiders of the day were paper Rosneft and Surgutneftegaz have lost 1,9% and 1,4% respectively against the possible loss of benefits for export of oil from fields in Eastern Siberia.

Forecast
External background - moderately positive. At the world”s leading sites on the rise against the background of positive results of the Fed meeting. U.S. indexes added within 0,8%, in Asia, growth amounted to 0,7-1,9%. Futures on the SP shows growth in 0.6%. Against this background, we expect that Russia”s market will open with an increase in 1-1,5%. However, the embarrassment caused commodity markets where the price of a barrel of Brent mixture is at $ 72.4, which may affect the dynamics of oil and gas sector and the market in general. Bidding will be volatile again today. Effect on the market will makrostistiki data on the labor market (16.30MSK) and orders for durable goods (16.30MSK).

Forecasts of analysts: With the support of the external background at the opening of Russia”s market will regain the positions above 1400 points on the MICEX
Cheapened oil will slow down the movement of Russia”s market up, but this factor will come to the fore after the first wave of growth
Improved dynamics, including the world”s stock markets, had little effect on the dynamics of the course the single European currency to U.S. dollar
Talking about the end of downward movement in the stock market is still premature
If you continue to rebound can be expected to significantly increase volatility
Speculatively minded players today can try to playd12to increase in stocks of banking sector
Positive movement in the stock and commodity markets can be understood only as a corrective bounces
On the dynamics of the market today, affect the RF output statistics on its original demands of the unemployed in the U.S.
MICEX in the first minutes of trading will add about 1% and consolidates above 1390 points