The Russian stock market completed its tender Tuesday assured the growth of quotations on the MICEX after the oil prices. As a result of trades on the RTS index fell 0.42% to 951.46 points and the MICEX index rose by 3.03% to 989.3 points. Activities of bidders that remained at the average level for the last few days: the volume of trades on the MICEX reached 58.62 billion rubles.

Trades on Monday opened a decline of quotations after futures on the U.S. indices and oil prices. The situation in foreign markets, however, quite quickly began to change with the opening of tenders in Europe. Up went the quotations of oil, as well as European markets. Followed them obediently went and quotations of Russian shares. Local resistance to feel a MICEX index in the region of 980 points, the index was able to overcome that until shortly before closing due to renewed rise in the U.S. market. In doing so, the market has once again successfully ignored the decline in projections for major macroeconomic indicators of Russia from the LED.

engine of growth in the second day were shares of Norilsk Nickel and Gazprom. Shares of banks, by contrast, looked a little, not responding to the most optimistic statements in the annual meeting of shareholders VTB and reports that the government puts pressure on the state bank to make them more active in lending to the real sector.

In the center of attention today in the morning will again be the price of oil, which continued rapid growth, and today in the morning is already approaching the point of $ 73 per barrel WTI in the nearest delivery. This, combined with optimism, which is observed in the Asian markets that should be sufficient to ensure that the MICEX index had to overcome when you open the box of 1000 points. Today, however, is very rich in events: expected to yield a large number of macroeconomic data for the UK, Eurozone and the United States. As a consequence, volatility can be quite large and can not be excluded in the afternoon, the sharp movements of quotations in any direction.

Authorize and appreciate the story;;

3 users rated material at 2.


Analyst Ratings


The growth of Russian stocks this week may have only a speculative nature
The level of support for fixed-term contract in September RTS index - 93 500 items
In general, the Russian stock market looks stable
Apart from the important macroeconomic data, investors will anticipate the publication of U.S. consumer confidence index
The Russian market remains high volatility, with the direction of movement is absent
Shareholders' Orsknefteorgsinteza decided not to pay dividends on the basis of 2008
FINAM recommends buying shares of bank Revival
FAS Russia: Daughter of Gazprom abused a dominant position in the market of Ulyanovsk Oblast
Review of the FOREX market for 29.06.09