Russia stock market finished a week increase in blue chips with good statistics from the U.S. trade balance, the RTS and MICEX updated yearly summit.

The results of the auctions on Friday the MICEX index rose to 1,308.14 points (2.32%), the RTS index rose to 1,372.11 points (2.78%), the main chip prices increased by 0,9-6,5% .

RTS Index futures exceeded the asset base of 12.5 points, indicating that a moderately positive attitudes of players curtain bidding.

Last week the RTS index soared by 12% and the MICEX index - by 11,3%.

On Friday, the best performing stocks were Gazprom Neft (RTS: SIBN) (15,3% in the RTS and 3.2% on the MICEX exchange), LUKoil (6.5% and 6.2% respectively), VTB (RTS: VTBR) (6%, up 6.95 kopeks on MICEX and 5,1% in the RTS).

also risen Gazprom shares (1.6% on MICEX), Norilsk Nickel (RTS: GMKN) (0,6%), Rosneft (2.1%), Sberbank Russia (RTS: SBER ) (3.2%), Surgutneftegas (RTS: SNGS) (0,9%), Tatneft (RTS: TATN) (1,3%).

cheaper paper Polyus Gold (RTS: PLZL) (-0,3%) on the background correction of gold down.

European stocks drifted to the evening Friday at the levels of the previous day, U.S. indices started trading lower, to close trading in Russia reached the plus on 0,2-0,4%.

Support international marketplaces and to Russia's market was data on the reduction of the deficit of foreign trade in the U.S. in August (the deficit fell to $ 30.7 billion in the forecast growth to $ 33 billion).

Oil fell on Friday locally at around $ 70.6 per barrel WTI against the U.S. dollar due to statements the chairman of the Federal Reserve System (FRS) the USA Ben Bernanke that the Fed will be ready to raise interest rates once the outlook for the U.S. economy significantly improved. Markets interpreted his words as a sign of more active approach to raising rates.

Meanwhile, after the statistic data in U.S. crude oil resumed its rise and played all of the losses: the November futures price for oil of mark WTI to 18:45 IST was $ 72.04 per barrel (0.5%). On the eve of the price jumped to 3%, which is the highest rise since September 30.

As the head of analytical department IF Olma Vladimir Detinich, markets will not suffer liquidity problems, but among the main risks include a possible increase in interest rates, which, one after another warned representatives of the Fed - on the eve of B. Bernanke recalled need to tighten monetary policy after a significant improvement in forecasts of the situation in the economy.

Meanwhile, until a change in monetary policy the Fed looks a distant prospect - the market participants do not expect a rate rise earlier than the third quarter of next year. From the standpoint of technical analysis, the RTS index entrenched, not only above the psychologically important mark of 1300 points, but above the local maximum of 1,335 points set in September last year, which means that the possibility of continuing growth remains in force, the expert said.

According to analysts VTB 24 (RTS: GUTB) Stanislav Kleshchev, head of the Fed's statement on the Senate reaffirmed its commitment to the previously marked position to keep rates low for an extended period of time. B. Bernanke remained in his opinion, and hence no shift in policy the Fed has not yet observed. This has a positive for equity markets, which continue to swim in the cheap money. Oil on the eve of the American session sharply increased and now is trading for a further 1% higher than it was to close the sale in Russia, which provides additional support for the shares of companies of oil and gas sector. We continue to rely just on paper companies such as Lukoil (RTS: LKOH), Gazprom (RTS: GAZP) and Rosneft (RTS: ROSN), considering them to be among the most undervalued blue chips in the domestic market. In the short term may be of interest and shares Uralkali (RTS: URKA), long time no headway, and only on Thursday had begun to go up from a prolonged consolidation - notes the analyst.

As analyst Promsvyazbank (RTS: PRSB) Oleg Steps, the stock market last week showed increasing preference for the spectrum of the most liquid securities - an increase of quotations showed approximately 80% of the shares. Growth in the value of domestic shares celebrated against the backdrop of upsurge in world oil prices and positive dynamics of the world's leading stock index, which helped to raise optimistic macroeconomic statistics, statements by monetary authorities and a good start in the U.S. corporate reporting season. Growth of the favorites of the week in the banking sector were shares of VTB and Sberbank, and in the oil and gas - Gazprom Neft and LUKoil, which quotations have grown by 12-20%.

An additional factor in the growth of Russia stock market last week has been the influx of funds into the stock market by non-residents, actively sold U.S. dollars for rubles and donate the proceeds to the ruble-denominated assets. The single biggest buyer of U.S. dollars in Russia, perhaps, played only the Bank of Russia. The influx of residents has been greater volume of trading in the stock market, exceeding the mid-week quarterly average speed of about 40%, said O. paces.

According to analyst at Aton Natalia Vygodinoy, from a technical point of view, the MICEX index for the week overcame resistance at 1,240 points, which corresponds to 50% correction to the fall in 2008. At the level of 1400 points is the level of 61,8% correction to the same movement. With support from the Western markets (in the case of positive reaction to emerging reports and statistics), this level can be tested as early as next week, she said.

According to the analyst IFC Alemar Basil Konuzin, after nearly non-stop rise of stock indexes since early October it is possible that as early as next week, markets may be under pressure sales. First, the optimism of investors with respect to corporate records associated with the publication of statements Alcoa, may be abated, secondly, the published macro-economic news, which apparently can point to slip in restoring the economy, will give players reason to take profits.

indices in the United States rose on the eve of the data on more significant than expected, reducing the number of applications for unemployment benefits in the United States. Last week, the number of applications for unemployment benefits fell by 33 thousand - up to 521 thousand, the lowest since January, data showed U.S. Department of Labor. Analysts had expected a decrease of 11 thousand

considerable support to the market has also had a strong accountability Alcoa for the past quarter. Cost Alcoa shares rose up to auction by 1,1%. The largest U.S. aluminum producer surprised the market ended the third quarter with a profit through cost savings and, through higher world prices for metals. Net profit corporation was $ 77 million, or 8 cents per share (excluding one-off factors - 4 cents), compared with $ 268 million, or 33 cents a year ago. It was expected that the company will record a third quarter net loss of 9 cents per share.

by analysts surveyed by Bloomberg, profits of American companies in the third quarter declined, but in the fourth quarter of their growth will resume.

Among second-tier on the MICEX exchange on Friday, the best performing stocks were Novatek (RTS: NVTK) (5,1%), RusHydro (RTS: HYDR) (4,5%), VSMPO Avisma (RTS: VSMO) (4,2%), OGK-5 (RTS: OGKE) (3,8%).

cheaper shares of companies PIK (-3.8%), MRSC of North Caucasus (RTS: MRKK) (-4,2%), TGK-14 (RTS: TGKA) (-2,9% ).

total volume of shares traded on the RTS classic market on Friday reached a record of 12 May 2008, surpassing the $ 85.612 million due to securities of the Savings Bank, for transactions which had $ 79.78 million; section RTS Standard turnover reached a record $ 544.221 million at MICEX exchange transaction volume has exceeded 94.189 billion rubles (leaders - ordinary shares of Sberbank - 33.43 billion rubles).

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