Ukraine on remittances in the first quarter of lost $ 118 million further reduction could lead to higher tariffs. Ukrainians working abroad, have become less benefit from such services as remittances. In the first quarter, they listed total $ 435 million with an average remittance to Ukraine amounted to $ 450-500. The relevant article of balance of payments fell from $ 740 million in the first quarter of 2008 to $ 622 million in the first quarter of 2009 th. Ukrainian experts argue that the transfers are falling due to reduce the average amount of transfer, while preserving some of their old frequency. Major operators in the market of remittances did not observe the outflow of customers, clarifying that the number of customers in the first three months even slightly increased. At the 10% increase in the number of transactions. But we must note that our customers have been sending less. Thus, the average size of the transfer system has made us about $ 400, - confessed director of a major company in the market of remittances, adding that the proceeds of labor immigrants significantly decreased . With further reduction of the EU countries and Russia the volume of remittances from abroad until the end of the year may return to the levels of two years, and major market players will be forced to revise tariffs. the first time, to reduce the volume of remittances, market participants started talking last fall. Then some banks experiencing liquidity problems, they could not transfer in full. At the same time, the system transfers have tightened policy in relation to partner banks, - say experts. Sami did not comment on the company with whom it had been suspended transfers and whether the renewed work with these partners now. But the main reason for the decline in remittances, all the experts called the drop in the main part of their income senders - Ukrainian construction workers - in connection with the stagnation of the construction market in Europe.
NAK Naftogaz of Ukraine welcomes the decision of the Cabinet of Ministers of Ukraine to increase the statutory fund company to 18.6 billion UAH, but notes that the decision does not solve completely the problem of the current fiscal deficit, since no real increase in free working capital, and allows only partially resolve the accumulated problems of the previous periods. This is the press-service NAK Naftogaz. In particular, the consolidated income NAK Naftogaz in 2009 is projected at 100 billion UAH, and the book value of stocks will not be less than 50 billion UAH, while the amount of charter fund since its increase would be 24.2 billion UAH. A significant excess of the amount of working capital on its own can not fully solve the problem of financing for the injection of gas in the UGS and requires additional loan funds.
08.07.09 condition at 17:00 the Kiev Banks and Items of currency exchange (PAE) is most often buy 1 USD at the price of 7.7000 UAH, that is cheaper at 5.00 cop. than yesterday and offered at a price of 7.8000 UAH, that is different from yesterday's course. of the Bank and the Stand for purchase 1 USD fluctuate within 7.6500 - 7.7320 UAH. Best Offers to buy 1 USD at this time set in the following banks and Stand: 7.7320 UAH - Unexbank;; 7.7300 UAH - Trust-Capital;; Unexbank CAUX number 1 ;; Artada;; Internet;; Nika;; of the Bank and Stand for sale 1 USD fluctuate within 7.7500 - 7.8300 UAH. best selling 1 USD at this time set in the following banks and Stand: 7.7500 UAH - Eurogasbank;; Terra OTP Bank number 2;; Arsenal;; EURO;; 7.7600 UAH - Aktiv-Bank;; Business Standard;; Prime Bank;; YUZHKOMBANK CA;; Absolut;; Artada;; Nika;; SDYUSHOR-Kiev;; ; Today Banks Stand and most often buy 1 EUR for the price of 10.7000 UAH, which is cheaper at 10.00 kopecks. than yesterday and offered at a price of 10.9500 UAH, which is cheaper at 5.00 kopecks. of the Bank and the Stand for the purchase of 1 EUR fluctuate in 10.6200 - 10.7850 UAH. Best Offers to buy 1 EUR at this time set in the following banks and Stand: 10.7850 UAH - EURO;; 10.7800 UAH - Diamantbank;, Poltava-Bank KB;; Prominvestbank;; Absolut;; Artada;, Nick;; of the Bank and Stand for sale 1 EUR vary in 10.8299 - 11.1000 UAH.
World stock markets As the season of the publication of financial reports of American companies for the second quarter, which traditionally opens on Wednesday aluminum giant Alcoa Inc. Investors feared that the last quarter, again not pleased by their good results. According to the consensus-forecast of the American experts, profits of companies whose shares are included in the calculation of SP 500 index fell in the period from April to June at an average of 34% - after the actual reduction of 60% in the first quarter. On Tuesday, the main U.S. stock indexes finished trading session in the red. Dow Jones Industrial Average fell by 1.94% - up to 8163.6, paragraph, Standart Poor's 500 lost 1.97% and stood at around 881.03 point, Nasdaq Composite reduced 2.31%, settled at 1746.17 points. biggest drop recorded paper quotes insurer AIG (-15%), while the growth of the stock insurance companies, sub SP 500. Energy companies have lost around 2.5% against the backdrop of lower oil prices. Today in Italy, starting a three-day summit of leaders of the Group of Eight, in which chapters will also be a number of developing countries. The main theme of the meeting would overcome the global financial crisis. Expected that the leaders could announce the readiness crisis of collapse after the recovery of the world economy becomes more stable. Probably will not be heads of state and ignore the discussion topic of the dollar as world reserve currency. On Wednesday morning the stock market participants are negatively: Futures for America traded in red. Venue of the Asia-Pacific region fell sixth trading day in a row, the volume of orders for production equipment in Japan unexpectedly fell in May by 3% compared to the previous month. Also, today begins a two-day meeting of the Bank of England, which, inter alia, will be considered the base level of interest rates.
Vitaliy Shevchenko, an analyst company UMIS Dynamics Trades on Tuesday in the oil market were divergent. There was a session at least at the level of 62.35 dollars per barrel. The reason for falling prices for black gold are continuing concerns about the global economy. However, it should be noted that current oil prices since the beginning of the year still showed 40% growth. At the New York Stock Exchange NYMEH cost of the August futures for U.S. light crude oil fell to 1.12 dollars and its price, therefore, amounted to 62.93 dollar per barrel. At the ISE Stock Exchange in London, the cost of oil brand Brent fell by 0.82 to 63.23 dollars per barrel. Causes Oil prices on Tuesday remained firmly at the 64 dollar mark per barrel before the start of the U.S. session, after the discovery that the situation is fundamentally changed. On Tuesday came a report the American Petroleum Institute, according to which, the reserves of oil in the United States during the week ended July 3, fell by 1.4 million barrels to 348.3 million barrels, while gasoline stocks rose by 767 thousand barrels. At this time of year in the United States has traditionally been reduced stocks of gasoline, but because of the economic crisis, gasoline does not find additional buyers.
After a neutral start - a significantnegative closing major U.S. indexes (DJI - minus 1.94%, NASDAQ - minus 2.31%, S P500 - minus 1.97%). Continued decline in world oil prices have put pressure on shares of the energy sector. The index of the largest oil companies fell as a result of trades at 1.87%. Mixed dynamics - shares in banks. At the end of the day, shares of Citigroup fell by 3.58%, JPMorgan shares rose by 0.64%, shares of Bank of America has not changed. The apparent predominance of pessimism in the mood of investors as they approach the season reporting companies over the past quarter. Negative, morning, the dynamics of futures for the major U.S. indexes. In the absence of meaningful statistics, the financial statements of Alcoa (the opening season of corporate reporting companies over the past quarter), define the dynamics of today's Wall Street at the opening. Also today, investors will monitor the reporting of Family Dollar, and Pepsi Bottling. The growth of the company's shares Amgen (plus 12.7%) and 3M (plus 2.8%) after the closure of the main auction can support Wall Street later in today's auction. Against the backdrop of yesterday's negative dynamics of Wall Street, the decline - in the stock markets of Latin America (Mexico - minus 1.61%, Brazil - minus 2.3%, Argentina - minus 2.14%) and Asia (Japan - minus 2.35%, Korea - minus 0.38%, China - minus 1.48%, Taiwan - minus 0.7%).
Polyus Gold Surrounding levels of support: 1110.0 /1031.17 /991.00 nearest resistance levels: 1180.0 /1220.0 /1255.00 Before the action Polyus Gold looked at the market and as a result of the day lost 0,226%, to close at around 1145 USD. Papers stayed down short-term upward channel is formed by 23 June. Support during the session was made by the level of 1120 rubles. The opening bid is going to be negative. Gold futures traded in the red, that will also pressure the stock quotes. At the opening of the support can be a level of 1110 rubles. The dynamics within the day will be determined by external signals in the event of a negative external background of open positions is the level of 38,2%-term correction of Fibonacci. Resistance will make the lower limit of short-term ascending channel. Gazprom nearest support levels: 140.00 /137.00 /120.00 nearest resistance levels: 150.00 /161.00 /165.00 Shares of Gazprom in the course of yesterday's session showed obscherynochnuyu momentum. The situation on the commodity markets did not have to purchase, and as a result, shares closed at 144.94 rubles., Adding 0.297%. The papers continued to consolidate in the short-term descending channel. Following the closure of the trading in the Russian market situation at the external site has worsened. Quotations oil traded below $ 63 a barrel, that will pressure the shares at the opening of the trading day. The opening is seen in the red, the level of support may come in the area of the lower limit of the channel, with which of Perforation likely corrective wave down to the 200-day moving, where I recommend to build positions. The closest resistance level is in the vicinity of 150 rubles., Where the cut position on the shares. Company Surrounding levels of support: 1300.0 /1255.0 /1230.00 nearest resistance levels: 13700.00 /1400.00 /1465.00 Shares Lukoil eve showed obscherynochnuyu dynamics and the outcome of the day gaining 0,538%. During the session, the paper continued to consolidate in the short-term ascending channel. the support level in the area made 1310 rubles. External signals are negative, thus reducing the quotation of shares of oil and gas industry at the opening session. Nearest support lies in an area marked 1300 rub., With shares of Perforation which rushed down to the level of 200-day moving average. It will cost to build the position. The nearest resistance is in the vicinity of the upper border of the downstream channel. Cberbank nearest support levels: 35.50 /30.00 /28.40 nearest resistance levels: 38.10 /42.26 /43.37 Shares of Sberbank during yesterday's session looked at the market. At the end of the trading securities added 0,567%. Support during the session made standard in the region of EUR 36,80. External background, established for the opening session, contributes to negative opening. During the trading securities will continue to consolidate in the short-term descending channel, formed on 3 June. Support for rapidly - the negative signal level in the area made 35,50 rbl., Which is close to forming positions on a purchase. Resistance will be the level in the vicinity of the upper boundary of the downward channel, where the cut position. VTB Surrounding levels of support: 3.38 /3.202 /3.00 nearest resistance levels: 3,60 /3,70 /4,00 Shares VTB at yesterday's session demonstrated the dynamics of the market better. Following closed session, the paper at the level of 3,48 cop., Adding 1.162%. During the tendering shares continued to consolidate in the short lateral canal. External background contributes to a negative opening, at which shares may be an attempt to test support in the region of 200-day moving average, which I recommend to open a position. The closest resistance - this is the upper limit of the channel, which I recommend to reduce the position. Authorize and appreciate the story;; 1 users rated material at 2. Analyst Ratings
On Tuesday morning the positive mood of the Russian stock market has dried up after lunch. Prices of most of Russian liquid shares on the MICEX increased by 0,3-1,2%. Turn the downgrading in the oil market and the stock pads United States helped start a record long position. As a result, share prices have yielded much of the growth in the closing auction. The volume of trades in the market remain high. Today, after the failure of the U.S. indices, oil and reduce quotations to strengthen the dollar, Russia has no reason to remain in place. Will the next drop of Russian stock indexes. At the market may affect the pace of updates on the fall of the euro area GDP in the first quarter, if they will be reviewed. levels of resistance and support for today July 8 Term contract for the RTS index of execution in September: started the movement down. The ultimate goal of the movement of 77 000. oval at 14/15%, because even closing the evening session proved to lower the level of 91 000. RTS Index is moving in the direction of the rolling average of 100 days - 905. This means that the capacity of the RTS index falling to a level of resistance is not more than 2%. However, this line is not a significant obstacle. After some correction of the motion may continue to 830, so that a 10% drop from the last close. The level of support for today - 85 570 (82 500). The level of resistance - 86 750 (90 850). RTS - support 897 (863); - resistance 928 (959). GAZPROM - Support 142r.; 135r.; - resistance 149r.; 153r. GMKNN - Support 2520r.; 2550r.; - resistance 2654r. 2730r. Company - Support 1290r.; 1240r.; - resistance 1375r.; 1410r. Rostelekom - Support 143r.; 120r. - resistance 161r.; 174r. Rosneft - Support 160r.; 153r.; - resistance 162r.; 168r. bank on. - support 36.60r.; 34.20r.; - 38.00r resistance.; 38.60r. Sberbank Ave - support 22.70r.; 21.20r.; - 24.80r resistance.; 26.30r. Surgutneftegas - support 20.40r.; 19.65r. - 21.60r resistance.; 22.30r. Authorize and appreciate the story;; Your grade will be the first! Analyst Ratings
Toledo Mining Corp. Plc announced an intention to conduct additional issue of shares amounting to 3.36 million euros by placing 12 million of securities. Application to purchase 4.06 million shares, representing 9.8% of the fund company in the light of its increase, filed Fevamotinico Sarl An additional 4 million shares to claim the Australian Investment Daintree Resources Ltd, that will enable it to increase its stake in Toledo Mining to 24%. Placement of securities to be implemented after the approval of additional issue Toledo Mining shareholders at a general meeting on 31 July. The ultimate beneficiary of Fevamotinico Sarl a Ukrainian businessman Konstantin Zhevago, who through it owns 51% stake in mining company Ferrexpo. Press Secretary Konstantin Zhevago Maxim Prasolov refused to comment yesterday. Toledo Mining Corp. - Mining company with licenses for the development of nickel ores in the Philippines. Total reserves are estimated at 350 million tonnes - 6 th place in the world. Toledo Mining holds 56.1% in the company of Berong Nickel Corp. (combines field Berong, Moorson, Long Point and Ulugan), 56% of the shares in the Celestial nickel mine on the island of Palawan, and 100% in China Nickel Steel Corp. In the 2008 fiscal year (ended March 31) revenues of the company amounted to 1 million pounds sterling, EBIDTA - 1,2 million pounds, net profit - 1 million pounds. Yesterday, shares of the company at the LSE after reporting decreased by 3,08% to 31,5 pension.
Yesterday, the Russian market made repeated attempts podrasti, standing at 950 points on the MICEX index, but with the start of the U.S. session and at a desheveyuschey oil could not resist on the achieved levels and revert to the levels of opening. At the end of the day RTS index rose 0.29% to 924.11 points and the MICEX index showed an increase of 0.19% to 927.01 points. Among the leaders of growth is necessary to note the paper energy: TGK-6 showed an increase of 12.3%, TGK-4 - by 5.56% and TGK-5 - by 4.76%. Among the steel companies and the oil and gas companies worth mentioning only the CMI and SurgutNG, showed an increase of 3%. Major U.S. indexes dropped pads at yesterday's auction, mostly on a background of fears of investors for the start of reporting season and fears that it could be worse than expected and did not justify a four-month rally in the stock market. S P500 index reached the lowest value since early May after the company consultant in hi-tech Gartner reported that lowers its previous forecast of costs for IT companies in half, ie awaiting orders fall by 6% this year. Futures on the RTS index in the course of the evening trading session Breaks support at 87 000 points, reaching 86 500 points that defines today's opening and gives the direction of future sales. At auction in Asia is also dominated by the sale. Pressure on the quotes provided weak data on machinery orders in Japan. The rate fell by 3% in May compared with the previous month (consensus-forecast was at 2% growth), while annual rates fall more than 38%. also went on the trade balance (another reduction), which has a negative impact on shares of companies-exporters. In the course of today's Russia's bid may have an impact on EU GDP in the first quarter of this year (final), the dynamics of industrial production in Germany in May and data on oil and petroleum products in the United States. Although published API data showed stocks of petroleum products falling oil reserves by 1.3 mln.barreley, with recorded growth distillates stocks, final data from the Ministry of Power may be different from the published. The price of oil futures on Light brands with delivery in August, today, on the basis of bidding on the NYMEX fell to $ 62.5/barrel. The price of gold futures traded at close to the mark in the $ 923/troyskuyu oz. During the auction market will try to stay at significant levels (eg 920 on MICEX), but we expect a negative course of the trading for Russian shares and care indicators below the level of 880 points. Authorize and appreciate the story;; 1 users rated material at 2. Analyst Ratings