Reducing Russian indices caused by the U.S. statistic data, may continue during the upcoming session
October 21st, 2009
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 20.10.09 20:33 ;
 On Tuesday in the first minutes of trading the MICEX index has updated its maximum. Later, however, domestic ground began to be adjusted downwards. By 12.30 Moscow time the MICEX index rose 0.12% to 1366.84 points in the mark, the RTS would add 0.86% and amounted to 1445.68 points.
most noticeable was added in the morning rally Pharmacy Chain 36.6 (5.31%). Apparently, the rise of quotations company news helped to restructure problem debts.
In the growth leaders today were shares of fertilizer companies and steel companies. Uralkali grew by 3%, Akron would add 2.4%.
leaders of yesterday, the paper Rostelecom, the middle of the session began to lag behind the market. In recent days, shares were severely overheated, causing a correction in them.
better market also traded today, representatives of non-ferrous metallurgy. Papers Polyus Gold rose by 2,9% against the background of increasing projections for the price of gold in December 2009 to $ 1100 the analysts of Standard Chartered. Polymetal more expensive on 1,5%, Nornickel - by 1%.
Quotations securities oil companies moved after the prices of black gold. In the first half of trading shares of companies in the sector grew, but later corrected after oil quotations. At the end of the day, Rosneft (-1.41%), LUKOIL (-1,44%), Surgutneftegas (-1%).
In the afternoon on the Russian sites tended to correction, many participants expected weaker growth and the beginning of downward movement in Western markets. This trend was supported not too optimistic statistics from the United States. Producer price index in September dropped by 0.6%, it was expected that this figure would remain unchanged, while the number of homes started construction in September fell from 598 thousand to 590 thousand, while the projected growth.
In addition, prices for black gold was suspended a small correction in the currency market, as well as the statement by the representative of OPEC, the price of $ 80 per barrel is high. Negative statistic data led to minor-sale market in Russia. As a result, the MICEX index finished the session at around 1361.75 points (-0.25%), RTS index - on a mark of 1446.14 points (0.89%).
«Continue full-growth market, it seems, can not but fall is also not yet obtained. Therefore it remains to consolidate - a bit up and down a bit. Most likely, the situation on the trading floors continue in the near future , - the analyst of Absolut Bank Ivan Fomenko.
«Tomorrow's opening of Russia's market will depend not only on the outcome of trading on the U.S. market, where the background of weak statistics and technical factors could continue sale - for opening statements and will affect Yahoo! for the III quarter, which will be published after the completion of trades on the American sites , - analyst GC Alor Natalia Yassin.
In the evening session on FORTS December futures on the RTS index decreases on 1,14% and amounts to 142,890 points. Futures for shares of Gazprom and LUKoil in a minus on 0,7% and 0,8% respectively, and futures for shares in the Savings Bank in the red at 1.38%.
Currency pair euro /dollar is at 1.4907.
Trades in Europe culminated in the red zone. Index of the London Stock Exchange FTSE 100 dropped to 0.72% and closedat 5,243.4 points. Index of the Paris stock exchange CAC 40 fell 0.54% and closed at 3,871.45 points. Index of the Frankfurt Stock Exchange Xetra DAX fell by 0.7% and closed at 5,811.77.
In the U.S. the Dow to the current time is reduced by 0,78%, the index SP - on 0,84%, the index of Nasdaq - by 0,9%.
By 20.20 December futures Brent crude traded at a price of $ 76.62 per barrel on crude oil Light - 78.51 dollars per barrel.
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