Thursday, July 29, 2010

A possible driver for the Russian market is closer to the end of bidding will measure consumer sentiment index

Friday, July 10, 2009, 14:07
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Russia

small support from the labor market had a positive impact on the U.S. stock sites. Additionally as a revision of the position of Bank of America Corp. on the Goldman Sachs Group Inc. upwards, giving rise to an increase in financial sector shares. At the same time, the continued decline in gas prices and the consolidation of oil a positive impact on the shares of Southwestern Energy Co. and Cabot Oil Gas Corp. adding almost 5%. In turn, negatively affected the downgrading of recommendations for the shares of the main producer of drugs Merck Co. by Natixis Bleichroeder, lost more than 3.5%.

the domestic market, despite the pereprodannost of hours to weeks of magnitude are unlikely to attempt to restore in the first half of trading session, but the reasons for a strong reduction has also not been observed, which makes possible the movement in the lateral direction. Consolidation with a small trend to 880p. MICEX index is likely to persist until the moment the first part of macroeconomic statistics for the United States. A possible driver for the market closer to the end of bidding will be the Index figure on the sentiment data from the University of Michigan in July, enabling the restoration of a small western markets, the mood which may similarly affect the Russian stock markets.

Europe

European stock markets rose on Thursday, as the results of the American company Alcoa, exceeded analysts' forecasts, calmed fears about the upcoming reporting season. The best dynamics demonstrirvali mining and steel companies. Quotations Xstrata rose to 3.35 percent, ArcelorMittal - at 4.19 percent, BHP Billiton at 3.17 percent, Anglo American - at 5.24 protsenta.Bank of England has kept the key rate at 0.5 per cent pa, as expected most analysts. British Central Bank also decided to maintain the volume of foreclosure of assets at 125 billion pounds and announced that it will work another month. At a meeting in August, the Bank of England will consider the scope of this program.

FT-SE 100 18.43 0.45%
DAX 57.42 1.26%
CAC40 16.23 0.54%

Asia

The Asian markets have attempted to increase the reduction in the second week running, among companies and the consumer sector and steel industry managed to cut the negative dynamics of equity sector of logistics and developers. Sapporo Holdings Ltd .- fourth-largest brewing company in Japan rose almost 5% in the bid against the backdrop of increasing the supply of products within the country. Rio Tinto Group - one of the leading mining companies, added 1.9% after the stabilization of prices for copper and crude oil in New York. STX Pan Ocean Ltd .- Korean carrier declined to bid in Seoul in connection with the collapse of freight rates to the weekly minima. Stocks developer Mitsubishi Estate Co. lost 1.2% against a background of growth offers office space in Tokyo.

NIKKEI 225 -3.78 -0.04%
HANG SENG INDEX -78.98 -0.44%
SHANGHAI SE A SHARE INDX -9.62 -0.29%
SHANGHAI SE B SHARE INDX 0.35 0.18%
KOSPI INDEX -2.27 -0.16%

United States

U.S. stock market rose on Thursday as the risk of weakening after the rejection of appeals for the reduction of unemployment benefits. The dollar and yen cheaper, as investors reduce the safe position. Oil prices finished trading on Thursday after a small rise in six-recession, and other raw materials also went up due to theweak dollar supported commodity prices expressed in local currencies. The mood of investors also supported the growth of trade surplus accounts in Germany and the comments of German officials that the recession in the country, may be completed. This optimism is contrary to recent fears that the recovery will not complete growth.

DJIA 4.76 0.06%
SP 500 3.12 0.35%
NASDAQ COMPOSITE INDEX 5.38 0.31%
NASDAQ 100 3.45 0.24%

Closure ADR GDR trading on the western sites were divergent in nature.

Gazprom -0,92%
Rosneft 0,97%
Surgutneftegas 0,38%
MMC Norilsk Nickel 0,19%
Rostelekom 2,32%
Gazpromneft 1,08%

Prices are per 1 share

* closing price of a receipt for the United States and European markets to the closing price of shares on the MICEX.

major macroeconomic statistical data suggest that to draw attention to the trade balance in the United States in May, import prices in June and the index of sentiment on the data from the University of Michigan in July. The data will be published in the 16-30 and 17-55 on Moscow time.

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