June 15th, 2009
market shares of the Russian Federation on Thursday grew at the expense of expensive oil, the reaction to the statistics of the United States was neutral, because the data from the labor market were raznopolyarnymi.
At the end of the trading the MICEX index was 1138.52 points (0.43%), the RTS index rose to 1,127.23 points (0.48%), prices are chips have changed within the limits of 0,1-5,6% .
This Week prosel RTS index by 2%, the MICEX index lost 0.5%.
Futures on the RTS index to closing of the session exceeded the asset base to 3.3 point, indicating a neutral mood of the players.
leaders decline by shares of Sberbank Russia (RTS: SBER) (-2,7% on MICEX and -1.8% in the RTS) and VTB (RTS: VTBR) (-1,4% on MICEX).
also cheaper shares FGC UES (RTS: FEES) (-3,4% on MICEX), Rostelecom (RTS: RTKM) (-0,03%), Gazprom Neft (RTS: SIBN ) (-0.8%), Tatneft (RTS: TATN) (-0,4%).
The plus completed the day stocks of Gazprom (RTS: GAZP) (1,3%), Lukoil (RTS: LKOH) (0,2%), Surgutneftegas (RTS: SNGS) (3 , 3%), Nornikelya (RTS: GMKN) (3,9%), Rosneft (RTS: ROSN) (0,6%), a leading paper Polyus Gold (RTS: PLZL) (5, 6% and 4.6% in the RTS).
European indexes added on Thursday in a 1% increase in stock market indicators also marked the beginning of the trading in the United States.
published statistics in the United States was raznopolyarnoy.
On the one hand, the number of initial applications for unemployment benefits last week fell by 24 thousand (up to 601 thousand), with projections on the reduction of 6 thousand, while retail sales in the United States in May rose for the first time in three months — at 0.5% compared with April, which coincided with the forecast. According to revised data, the April decline in sales was recorded at 0.2%, rather than 0.4% as previously reported. Retail sales excluding motor vehicles last month increased by 0.5%, while experts expected increase in total by 0,2%.
On the other hand, the total number of Americans receiving unemployment benefits reached a new peak of 6.816 million people in the week ended May 31. This figure has increased to the outcome of the 19 th consecutive week.
Oil went up on Thursday on data on stocks of raw materials in the United States. The price of oil futures contract, mark WTI for July in the evening on Thursday was $ 72.14 per barrel (1.1%), futures for August rose to $ 73.1 per barrel (1.5%).
Commercial oil stocks in the United States during the week from May 30 to June 5, fell to 4.38 million barrels, gasoline stocks fell by 1.55 million barrels (expected to increase by 750 thousand barrels), distillates reserves fell by 318 thousand barrels (expected to increase to 1.5 million barrels).
According to the chief strategist IG North Capital Alexander Baranov, the market in the morning prosest tried, but all sales have been bought against the backdrop of expensive oil.
Better the market shares looked Nornikelya, otygryvayuschie increase in copper prices to a maximum of seven months, as well as paper Polyus Gold. Polyus traditionally goes against the whole market, and investors are buying its shares, selling the rest of the paper Drawdown on expectations of possible indexes. also grew Surgutneftegas, which usually grows on expectations of weakening the ruble. These same expectations have fallen bank shares - Sberbank and VTB, apparently, they still laid on the growth of the dollar in the near future - he said Interfax-Afi.
Statistics of the United States had not been very optimistic, because data on total applications for unemployment benefits, which showed deterioration in the economy, offsetting good figures for retail sales. In general, with oil above $ 70 a barrel is difficult to expect Drawdown of Russian stock, says Alexander Baranov.
According to Chief of Operations in the stock markets Sobinbank Arthur Holaeva, achieving a mark of oil $ 72 a barrel does not lead to intolerable desire to become a happy owner of Russia's actions. Rather, the value of oil above $ 70 prevents the correction of the markets down. However, since Friday in Russia will not be bidding, on Monday we can start with gepom, and some market participants may be unpleasantly surprised, - he said.
As the chief of analytical management IF Olma Vladimir Detinich, despite the rise in oil to a new annual peak, and recovery of metals on world stock markets in a background of uncertainty on concerns that the growth yield of treasury bonds and U.S. stock prices of commodities increases the risk of increases in interest rates. In this case, investments in risky assets, such as the Russian paper, will become less attractive. Meanwhile, from the perspective of technical analysis, the RTS index is above the lower trend line, suggesting the possibility of continuing growth with access to the goal of 1240 points, he said.
According to analyst
24 VTB (RTS: GUTB) Stanislaw Kleshcheva, the market looks like heavy lifting. During the day there was fixation of the profit according to Russian shares, which may be attributed, and approaching weekend and the upcoming Monday permission to open shorts on paper. However, these factors should not be exaggerated, especially the latter.
The point is that the share of Russian investors in our market is significantly lower than the presence of foreign capital. Therefore, a downward effect, which may be called at the beginning of the opening week of shorts would be still limited. Moreover, many of willing zashortit have already found the opportunity to do so as a short-term market, and in the western areas, - says the analyst.
in the opinion of the analytical department of FTS 'Infina Alexandra Ivanisheva, stopping the growth of markets linked to the problem of attracting new funds for new investment ideas, which is typical for the United States, and for Russia.
trading volume in recent days, significantly reduced, this suggests that long-term investors willing to take a break, a short-term - shorts. This market structure, in principle, a recipe for growth volatility. It is obvious that the old ideas - the engines of growth have to play the market. For a new impetus to need new ideas, but they are unlikely to appear until the next meeting of the Federal Reserve System (FRS) the USA on 24 June. Thus, over the next couple of weeks is expected to balancing the market in the absence of a uniform trend. The most powerful support of the MICEX index was at 1040 points, believes AG Ivanischev.
indexes in the United States dropped the previous day against the backdrop of disappointing results of the auction to place a decade of US Treasuries, as well as higher oil prices. These factors raise concerns that the increase in interest rates and accelerating inflation will discourage the restoration of U.S. economy.
Yield of a decade of US Treasuries, the U.S. placed the Ministry of Finance on Wednesday, was 3.99% per annum. This is the maximum rate of accommodation gosbumag during the auction in August. Interest rates US Treasuries are a benchmark for rates on consumer and corporate loans.
In the second echelon on MICEX on Thursday have grown stronger than the other shares TGK-2 (RTS: TGKB) (16,7%), Bashkirenergo (RTS: BEGY) (14,2%), TGK-11 (RTS: TGKA) (12,8%), UTair (RTS: TMAT) (11,3%).
cheaper shares of RAO ES the East (-12.6%), RTM (-6.1%), OGK-1 (RTS: OGKA) (-5,2%), OGK-3 (RTS: OGKC ) (-4.3%).
Shares
developer RTM Group fell on news that its default on loans owed more than $ 450 million, while total liabilities was higher than the value of assets. As a result, over the next three months, developer RTM team can initiate their own bankruptcy, as the head of the department of public relations RTM Victor Belenyshev.
Total volume of trades in shares on the RTS classic market on Thursday was $ 31.4 million in Section RTS Standard turnover reached $ 177.66 million, on MICEX volume of transactions amounted to 46.5 billion rubles (leader - Sberbank - 15.05 billion rubles).
Points of Entry
Analysis - Results of the day
Forex Asia
Ukrainian stock market on Thursday closed a slight decrease
Forex - results of day
Forex - in the European session
The Government commissioned Goskomrezervu undertake intervention in the sugar market
NBU has defined the principles of the regulatory activities of branches of foreign banks
Slabostrastie



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