Russia market started the first trading day in 2010 a significant growth and moved on to new highs, breaking the level of 1400 points on the MICEX. This is not achieved in the last days of last year, this time to add up all the factors for a strong recovery. During our vacation, world stock markets added only 2-3%, but significantly increased raw material prices, which led to such rapid growth right from the opening. In addition, ADR in London for the week rose by 4-7%.
Positive sentiment on world stages remain largely thanks to data from China. Exports in December 2009 rose by 17.7% year on year, while imports grew by 55.4%, predicted 4% and 31%. Exports rose for the first time in 14 months, as China became the world”s largest exporter, ahead of Germany.
Futures on U.S. indexes added 0.4%, European markets added about 0.6%. Pan-European FTSE Eurotop 100 index of 0.53%, Britain”s FTSE 100 0.51%, Germanic Xetra Dax 0.69%, French Lyxor Cac 40 0.71%. Oil for the week increased by 5%, entrenched above $ 80. Contributed to the growth of quotations reported a sharp increase in oil imports in China and the preservation of abnormally cold weather around the world. Spot Brent $ 81.5, WTI $ 82.75.
players in our market with the opening were determined to win back the external positive, as reflected 5% gepom. Supports recovery and a sharp decline in the dollar. At first in this year”s auction the U.S. currency has lost almost the ruble against the currency basket -2.8%. At 16:30 the MICEX index rising by 5.9%, RTS index by 8%. Trading volume on MICEX stock market of 40 billion rubles., Above the average values of the end of December.
head the rally action steel companies, support is provided by the positive market conditions of base metals and statistics from China. Severstal”s shares soared 16.2%, CMI 11.5%, MMC Norilsk Nickel 11%. In the oil and gas sector in favorites shares 7.4% of the Rosneft and Gazprom 7%. Gazprom ADR to reach a level of 200 rubles. Is not excluded that on the MICEX stock oil and gas concern in the coming days will overcome this mark. Little behind Lukoil 3.7%. Innovated maxima of 4.8% shares of Sberbank and VTB 5.9%.
Statistics today is not, so do not attempt to exclude minor profit-taking towards the end of the day. I can not wait for tomorrow, today repeated the scenario, since the further dynamics of trades will be less dependent on emotion. Today, begin to account for the IV quarter of American companies, so this week the Western markets may show strong movement. January 27 will be a meeting the Fed, investors are waiting for another statement of commitment to the policy of low rates. If reporting the largest companies will be happy, and statements by Ben Bernanke will not bring unpleasant surprises, then in late January - early February, the markets can form a new phase of global expansion. However, I would recommend not to fall into euphoria, closing positions for which there is a good profit.
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Analytics - the outcome of the day
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