October 19th, 2009
Sales in global stock markets intensified under the curtain of the week. Friday's disappointing corporate statistics prompted the players to lock in profits, forcing the index to move away from a peak early this year. However, oil prices held their record high levels ($ 78.53 per barrel for WTI), which, apparently, will help to maintain demand for the shares of Russian oil companies in the course of today's trading, and consequently, will create the groundwork for the growth of domestic indices .
U.S. trading ended lower, somewhat chilled the ardor bulls. After the release of disappointing corporate statistics indexes retreated from record levels this year. The Dow lost 0.67% and fell below 10,000 before the turn of 9,995.91, the index of SP lost 0,81% and dropped to 1,087.68 p.
Against the backdrop of strong corporate reporting, is published in the week, reports Friday Bank of America, IBM and General Electric as a whole have coincided with forecasts of experts, which, oddly enough, was disappointed the players waited for the regular surprises of the corporate sector. Strong reporting Google has been unable to keep the market from sales. Despite the fact that IBM and GE have exceeded market expectations for earnings, investors alerted projections for the costs IBM and lower revenue GE. Bank of America disappointment larger than expected losses associated with the increased allocation to reserves, that the outcome of trading on Friday the bank was worth 4.6% of capitalization.
Against the backdrop of corporate reporting season, the market pays less attention makrostatistike. According to the index of the University of Michigan Consumer confidence in the U.S. continues to slip: figure was 69,4 against 73,5 subsection in September. Meanwhile, industrial production continued to grow: the figure was 0.7% in September, down compared to 1,2% in August. for the entire third quarter, production rose 5.2%, marking the first quarterly increase since 2008.
Today in Asia, selling in the stock markets remain. However, due to strong market shares of raw material producing companies are held at a height, keeping the majority of indices in positive zone.
Enhanced influx of investments in securities Rostelecom helped the overall growth in the interest of players to investments in telecom
Recommendations for market shares: LUKoil, Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank
LUKOIL launched a new depot
Monday promises to be a fairly quiet day
Increased projections of oil consumption in 2010 from two reputable organizations continued to support the market
Law on Euro-2012 in violation of accepted procedure and leads to a drop in living standards
Experts: The dollar's decline against the euro will continue in the next 2-5 years may amount to another 20%
Yushchenko issued a decree on holding the presidential elections in Ukraine
In the United States exposed megaaferu



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