Today, July 2, the majority of the major indexes of stock markets of the region fell to a continued decline of automobile sales in the U.S. and the appreciation of Indian gas concern of investors about the future demand of automobiles. Thus, according to Autodata, in June at the U.S. market have been sold in the annual increase of 0.21 million fewer cars and vans than in May. Total sales declined by 28%. In addition, the Minister of Oil and Gas in India said on raising retail fuel prices in sync with appreciation of crude oil on the world market, which will help reduce losses of state oil refining companies.
Despite the statement by the Minister of Finance of India that the rate of economic growth this year could make up 7.75% against the backdrop of the first signs of the bottom of the achievement of the American economy and abundant harvest, caused by monsoon rains, BSE 30 index closed in the red at 0.16% .
On the basis of bidding the regional index MSCI Asia Pacific fell 0.4% to 102.72 points. Japanese Nikkei 225 lost 0.64%, and the leader of the fall was Thailand Bangkok SET, closed at 2.11% below the previous value. In the black closed stock markets of Australia, China, Indonesia, Pakistan, Taiwan and the Philippines.
Shares in the second-largest Japanese automakers Honda Motor cheaper at 2.3% due to the fact that the sale of the company in the U.S. market in June have not been able to surpass 10 million in annual terms, and fell by 30% y /y. The market capitalization of Mazda Motor, exporting most of their products, declined by 2.4%. Papers Indian Maruti Suzuki India, which accounts for half of the domestic car market, retreated to 3.3% on the background of the negative impact of rising fuel prices on sales volume.
Quotations in India's largest exploration company Oil Natural Gas spearheaded the growth of national oil companies after the government raised the ceiling prices for gasoline. Thus the paper India's Oil Natural Gas went up by 6.1% and shares in the country's largest oil refining company Indian Oil rose by 1,1%.
The papers in Australia's largest gold producer Newcrest Mining advanced 3% on the background of higher prices for gold at 1.5% for the bid in New York. Quotations Sumitomo Metal Mining, Japan's biggest gold producer, added to its asset 3,5%.
The price index for the six base metals increased by 2,9% as a result of yesterday's auction in London. Against this backdrop, shares of nickel producer Pacific Metals went up by 3.7%. In addition, Merrill Lynch analysts have increased the predictive value of securities companies by 20%, citing the fact that steel production in China will support the demand for nickel.
The growth of China's energy companies had been caused by a statement of state Xinhua News Agency about the June growth in electricity demand in the main industrial province of Guangdong. For example, shares of the biggest coal company China Shenhua Energy jumped to 4.3%, while PetroChina quotes added 3,3%.
Insurance sector in China has also demonstrated positive dynamics after the information that the industry should benefit from the reduction of government regulation in the field of investment and age of the Chinese population. Papers Ping An Insurance went up by 3.3%, while shares of China Insurance International Holdings recovered to 5,5%.
RTS varies in the range of 930-1000 points, further evolution will depend on statdannyh on the United States and Europe
The price of oil still remains at a high enough level, it supports the Russian market
While oil prices remain near $ 70 a barrel, the stability of the ruble is never exposed
The availability in the market positive stories allows investors to earn in the long
Today in the United States is expected to: a package of labor market dynamics, and factory orders
The course is kept buying the dollar unchanged - a daily review of the cash markets
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