Today's shopping day does not remember anything remarkable. Against the backdrop of smoothly sliding slowly down on the index futures quotes SP blue chip drift all day on the ground, moving from the positive area in the red and back. the strongest stocks were Surgutneftegas, the prices of which had grown up nearly 2.0%. The rest of the paper - the representatives of oil all day chatter in the zeros, not found in strength or grow or fall. frank outsiders became MMC and Gazprom have lost respectively 2.7% and 2.6% from yesterday's closing levels. It should be emphasized that Gazprom, which once was the most reliable paper in the market, how much can be a reliable action, long ceased to be. It has long been nevidno led growth, and although the turnover, he is still among the leaders, the dynamics of the last time does not say how the once: Gazprom - our all. Dow Jones on the last trading session, successfully overcame the round level of 9000 points and seems ready to move further upwards. It wants to think that the current stagnation in the Russian market is only a temporary pause before another falls down. Index MMVB10 successfully overcome last week's downward trend line, raised eight days and reached the minimum goal of the movement upward, placed at around 2200 points. Of course, the number of 2200 could have resisted, because greater number of zeros in quotes whether we like it or not very often strong lines of support or resistance, but above this point, no obstacles to further growth is not observed. The index could rise to levels of 2400-2500, and then go to the new maximum. Do not forget that in front of August - the traditional vacation month. And in a situation where many traders would prefer a sandy beach and a cold cocktail glass sitting in front of the monitor with melteshaschimi quotes, market can please the most patient unexpected trend. As he usually goes to the expectations of most. Authorize and appreciate the story;; Your grade will be the first! Analyst Ratings
Trading on the Russian market ended raznonapravleno. RTS Index, despite everything does not react to yank American vveh site yesterday, did it today, adding to the day of 3.76%. MICEX, in turn, slightly adapted, after rallies on Thursday and closed at the 0.5% decline. In the best performing stocks mentioned Uralkaliy (5.17%), FGC UES (4.46%), OGK-2 (5.62%), OGK-5 (3.04%), MTS (2.42%), NLMK (3.36%) and prefy Transneft (4.68%). As outsiders ottorgovalis shares Nornikelya (-2.74%), CMI (-4.05%), Gazprom (-2.64%), InterRAO (-2.59%), Severstal (-2.66%) and prefy Surgutneftegaz (-2.21%). It may be noted that by the end of trading session, a few smooth upward trend in oil, the American track traded in the red, moderately desheveyut futures. Over the next time an important indicator for the Russian sites will remain the price of raw materials, in particular, while maintaining the upward momentum in oil may be new attempts to traffic up to the main paper. However, we believe that a long stay on the current peaks nor Russia nor the U.S. market will not be soon again expect to see the MICEX index at levels below 1000 points. Authorize and appreciate the story;; Your grade will be the first! Analyst Ratings
Number of loss-making financial institutions in Ukraine for the first half of 2009 rose to about 17, while, on the basis of 2008 there were six. According to the deputy head of the State Tax Administration of Ukraine (STAU) Natalia Ruban at a press conference in Kiev. The number of unprofitable banks in the past year we had six, and now - about 17. I should clarify this figure, but it is not crucial, - she said. According to N. Ruban, tax deductions of banks in the first quarter and half of 2009 decreased compared to the same period of 2008. Banks have been paying less, but no less critical, since the first quarter and half, - she said. This STAU representative did not specify the dynamics of reduction in tax payments. As reported in early July, with reference to data STAU, in the first quarter of banks declared to the tax accounting loss of $ 539.5 million UAH (in financial - to UAH 6.262 billion more), while for the first quarter of 2008 -- profit at 2.852 billion UAH.
Dynamics On Thursday 23 July, at the tender quotes for precious metals slightly improved in value against the background of expectations of further easing of dollar optimism in Asia and enhance growth of the stock pads. As a result of trades on the COMEX, division New York commodity exchange (NYMEX) gold stood at around 954.80 dollars per troy ounce, while silver closed at around 13.77 dollars per ounce. Causes On Thursday 23 July to bid on the market witnessed fluctuations in the yellow metal in one, the other side under the influence of changes in the course of American dollar. Supporting the market had quarterly reports of major companies, resulting in an increase in the stock pads, and economic data, which showed that sales of homes on the secondary market of the U.S. in June rose to 4.89 million against 4.72 million in May, while the number of Primary applications for unemployment benefits last week rose up to 554K, while the average forecast of analysts was 550K. From the news, you can mark messages Mirasol Resources on the second phase of exploration drilling in Argentina in the areas of La fool and La Negro.
Despite the fact that before the end of summer, the National Bank to sell $ 2.8 billion, he did not hurry with the intervention. Banks expect promised NBU intervention - the first time the regulator has promised to sell the currency, which they will be able to resell the population. However, turned out as always. The National Bank on Wednesday promised to go out with a large-scale intervention. all believe. But then he went and sold only 20% of the required amount. Naturally, the market is played back. On the morrow will bring, many courses are significantly higher, - said vice-chairman of one of the largest banks. According to him, the situation resembles a development in 2008, then save the NBU to intervene, and as a result, banks have ceased to rely on it. After this course has gone up. The fire is always easier to put out when he has only just begun. The National Bank did not learn from their mistakes. He recently assembled treasurers, and told them that no longer sees the intervention as a means to influence the market. It is understood - it is an easy tool for adjusting the liquidity of the market . saying, do not come to me with their requests - and have enough problems without you - he explained. According to the treasurer of a medium-sized banks, there is a vicious circle. The population once again pulled in obmenki to buy dollars. However, the banks there is nowhere to buy the currency than the market in which prices are continuously rising. What do I do? Let stand higher rates that we did not come to the dollar. But if it will do everything we quickly check flight 8 hrn. /$ 1, - he stressed. regulator, in turn, yesterday made another statement heartily. The National Bank has an impressive stock of reserves to maintain the hryvnia. Prior to September 1, this goal can be sent $ 2.8 billion, - said the head of the group of advisers NBU Valery Litvitsky chapter. He noted that this amount exceeds the aggregate amount of intervention for the entire second quarter ($ 1.86 billion). At the same time, the good tradition, Mr. Litvitsky gave exactly the opposite signal. On the one hand, promised advisor, NBU will not allow the course to mark the return of UAH 10. /$ 1. On the other hand, stressed that impede it will not be. NBU is not trying to stop devalvatsionnuyu trend, but sought to mitigate it. I do not think that we will test the levels of the fourth quarter of 2008, - he said. reason for such a restraint - the poor state of country's balance of payments and devalvatsionnye sentiment among the population. In June, exports fell by 50.3%, import - by 55,9%, then stabilized and has ceased to fall further.
Today, after yesterday's sharp rise in the final bidding on the Russian stock market correction occurs. But until we can talk about the conditional correction. Yesterday, at the end of the day punish players who formed the short position: speculators who play on the purchase, were stronger and drove shortovikov fast-closing position. Today external background remains generally positive, but not so as to ensure steady growth of what we saw at the end of yesterday. It appears that the bulk of players waiting for the situation in the States, the emergence of non-residents in the U.S. market. The main motion, we will be at the very end of the day. Liquid Paper remains in a relatively small negative within 1% from yesterday's closing level in five or six most actively traded securities on the MICEX. This is a good sign - the market is not set to decline and has a great chance to continue growing at the slightest improvement ofthe external appearance of the background or some positive domestic news. Better the market today will look like the paper oil companies. Perhaps the game is not over yet for the increase in steel production. Authorize and appreciate the story;; 3 users rated material at 3. Analyst Ratings
Piercing outset, American bulls have a respite, but it lasted only two days. Yesterday in the early trading session left the Dow above 9000, which steadily improved, and even tried to reach the level of 9100. Now you can talk about the end of the period of consolidation in the U.S. market and hope for the many months of rally. Take off the Dow fell at the end of the session at the Russian sites. Our market is actively joined the movement and concluded the auction with a significant advantage. Following the Dow index moved and SP, which is quite natural. However, he repeated the movement Dow only during the U.S. session. Immediately after the completion of trades on U.S. futures exchanges to the SP index has gone down, losing in just 15 minutes, exactly half of what has been typed at the beginning of the session. Throughout the night, until the opening of tenders in the Russian market, futures stood at the site. This turn of events reduces the emergence of optimism and calls for caution when making decisions. Some prices may make unpredictable movements, reflecting the doubts in the market. The opening session on domestic sites described multidirectional movements: RTS index rose, while the futures contract fell on him. Then you can focus on the indicator. In the beginning of the session, the indicators recommended to sell. But this time, futures on the SP still remained lifeless. I recommend to wait for the start of traffic on the five-schedule for the SP futures and join him. Authorize and appreciate the story;; 1 users rated material 5. Analyst Ratings
analysts on Friday, July 24 Analysts BFA sure overcoming U.S. indexes zone local maxima on the background of a favorable statistics to the real estate market - and many analysts and investors believe that in this market appear to be the first clear signs of the end of a recession - will maintain the positive mood in global financial markets. Against this background, the likelihood of continuing the growing trend of short-term and in the Russian market has increased. At the same time, the movement is likely to be accompanied by a local rollback, in particular, at the MICEX market could open up a moderate correction from a significant decline in U.S. futures indices in the last hours. With regard to medium-term (a few weeks - several months), the prospects for equity markets, we are they still seem largely negative. Today in the United States is not expected to publish important information, with the exception of Michigan index of consumer confidence for July, interesting corporate reporting will not be. Of Perforation next important level, this time for DJI, may be cause for further optimism in the U.S. market even with some deterioration in the local environment in the oil market. analyst IK Prospectus We expect a positive opening exchanges with the growth of 1-2%. In the afternoon, possibly fixing the profit and care markets in the outset, with a slight decline. A more dramatic sales are possible only if the prices in the oil market, but so far it seems unlikely.
projected financiers, autumn-winter price of gold could reach a new peak, Breaks $ 1000 per ounce. Therefore, wishing to protect their savings through the golden investment to buy a better metal summer, when the price of a few prosyadet lull Gold Rush, tsarivshaya on the market the past few months, replaced by a full calm. The difference between the maximum and minimum price of gold in April-June amounted to more than 12%. The minimum price at that time was at $ 868 per troy ounce, with the level achieved over the past three months, twice. Maximum price during the third attempt this year, gold puncture rate of $ 1 thousand to fall to $ 980 per troy ounce. But from the beginning of June again formed a downward trend in prices , - told the head of department operations with bank metals VAB Bank Vladimir Pischany. The fall in demand for yellow metal on the part of investors and the jewelry industry, as well as the absence of geopolitical vstryasok allowed to revert prices down - at the height of summer, gold has traded in a range of $ 910-922 per ounce. And the experts, this is not the limit. In the near future may be a correction in world stock markets, leading to a slight decrease in the price of gold to $ 850 per ounce. But such a scenario is likely to occur only in the short term, - predicts strategist Astrum Investment Management Konstantin Litvin. Events on the Ukrainian market of yellow metal mirror with an accuracy of repeated world-wide trends. The Ukrainian market price of gold depends on the world of quotations, and the U.S. dollar on the interbank currency market of Ukraine. They affect the dynamics of supply and demand of gold in world markets, the rates of leading world currencies, oil prices, as well as economic and political factors in Europe and West , - said the head of department on work with precious metals Bank Khreschatyk Irina Pavlenko. As a consequence, the high amplitude fluctuations in the prices of precious metals in the early summer of the early die, commit to a minimum. Over the past three months the price of gold in grams of 100-gram bars varied between 232 - 255 UAH. Fluctuation in the Ukrainian market value of about 9% due to pricing based on a pair of hryvnia-dollar, - noted Vladimir Pischany. But despite years of stagnation, the total increase in the price of yellow metal has surpassed all expectations of analysts. According to their calculations, in the first half, he was about 7% in dollars and 8% - in euros, leaving the level of profitability is far behind all other types of investments. Even more impressive is the dynamics of prices for precious metals in the long retrospective. For example, 1 January 2006 the price of gold was about 40 uah., 1 January 2009 - around 220 UAH. Not a single currency in the world has not increased the price five times over a period of time, - said vice-chairman of the Bank Finance & Credit Igor Lvov. Experts predict that in the second half of this year should be a new surge in prices of yellow metal. This will contribute to the instability of world economy and the expected inflation in the Eurozone and the United States. Another significant factor in putting pressure on gold quotes - the behavior of exchange rates. expansive policies of central banks and as a result of record volume of money, but also a significant increase in government debt around the world can do this inflation problem in the future.
The Russian stock market yesterday was able podrasti within a volatile trading session. Last night, seeing how the action unfolded down after strong growth over the opening, we thought that the idea of growth in the market dried up, and seriously considering the option of a new decline in the next week. However, due to the closure of the markets moved sharply upward after vigorous bidding start on Wall Street against the backdrop of a good secondary market for real estate and corporate reporting. However, subsequent events have shown that anything more is not yet clear, but more on that later. At the end of trading Thursday, RTS index has added 1,34%, while the MICEX index due to the fact that protorgovalsya longer, rose 5.17% to 1031.37 point, thus surpassing the resistance at around 1020 points. Noticeably better than the market after a two-day pause again looked paper NorNikelya aircraft coming at 9.14%, which on one side kept rising trend, on the other hand - painted a divergence on the hourly candles. If the market does ride a correction (which is quite likely), there is a substantial risk that the shares will return to pozavcherashnim minimum. Oil and bank paper is not made available to the general trend synchronously adding 4-6%. But the paper coal companies soared on the information about planah the Russian authorities to change nalogooblozhenie and convert coal to a fixed rate NDPI from ad valorem. Shares Raspadskiy completed tender growth at 10.21%, Belon - at 9.2%. Steel worker was in anticipation of Friday meeting with Putin in Magnitogorsk metallurgists at this time, on average, looked even worse than the market. Meanwhile, the index kept only paper CMI and Mechel, increased by 5-6%, shares of NLMK, also a good beginning yesterday's session, closed to the growth of 2,19% and Severstal and is rolled in the red zone (-1.11%) . The American stock market on Thursday closed the rise, the DJIA gained 2.12% for the first time since January 6, closed above the mark at 9000 points on optimism generated by the good results of companies and the increase in sales of second homes. In passing, one-week schedule of the index moved still further after addressing the annual moving average. Technology Index NASDAQ completed its twelfth session in the black row (2,45%), which was the longest of its growth since 1992. Brazilian IBOVESPA rose 2.22%, Mexico's IPC - 1,97%. However, after the closure of sites in the United States came out not too positive reports Microsoft, Amazon.com and American Express, so that Asia today is not yesterday's optimism follows the world markets. Chinese index Shanghai Composite, all the same in the morning to reach our goal of 3400 points, now rolled below, but he has traded in the black at 0.5%. Japanese Nikkei225 already closed and has shown the most significant growth in the region (1,55%), but India has already traded in the red light. At the 0.5% decline in the futures and the S P500. Significantly lower resistance at the 1,425 level rollback and a pair of EUR /USD. So, for today's opening, we have two divergent factors. On the one hand, yesterday's closing auction in the U.S. gave the markets a chance for continued growth, on the other hand, the current rollback sowed doubt - was not yesterday's increase in the evening banal divorce. Everythingwill depend on how today ottorguetsya America - if there are indices can not lose much, are likely to increase further, the benefit and DJIA, and NASDAQ and BOVESPA yesterday overcame significant resistance (although they are week, so it is important that the will Friday evening). If today is a strong No, most likely, next week will be adjusted as pair EUR /USD and does not signal a further increase of risk positions. MICEX index opens close to yesterday's closing levels, maybe slightly higher, but significant level of today will mark 1020 points - if not now lose more than 1% chance for continued growth there. Authorize and appreciate the story;; 3 users rated material at 4,3. Analyst Ratings