Stock Market U.S.
The bill proposed by U.S. President restricting the activities of banks in dealing with risky instruments in the financial markets has caused a massive fixation of speculative positions in the stock markets. JPMorgan Chase Co. and Bank of America Corp. up to the closing of the day lost more than 6% of market price, becoming leaders in the lower part of the financial sector. Exxon Mobil Corp. decreased by 2% while the shares of a gold miner Freeport-McMoRan Copper Gold left in the minus zone of breaking the mark 8% against a background of falling prices for oil and gold.
Russia”s stock market
The immediate aim of Russia”s stock market - 1420p. MICEX index is likely to be overcome at the beginning of the trading session Friday. Levels of further support for the domestic market are: 1400p. MICEX index which is 61.8%1000correction level on horizontal Fibonacci lines, followed by the level of 1360p. finding where the lines of support figures “ascending wedge” together with a local minimum in December 2009. creates a possible “point of no return” Russia”s market and transition to the “down trend”.
European stock market
European stock indexes declined on the basis of trading on Thursday because of losses of the banking and steel sectors. Pan-European index of “blue” chip FTSEurofirst 300 dropped to 1,52 percent to 1.036,51 points - its lowest since December 22. The Australian newspaper Sydney Morning Herald reported on Thursday that the local tax reform calls for a tax for the steel companies. As a result, quotes Anglo American, BHP Billiton, Fresnillo, Kazakhmys, Rio Tinto, Vedanta and Xstrata lost from 3,1 to 6,2 percent.
| FTSE-100 | -1,58% |
| DAX | -1.79% |
| CAC40 | -1.70% |
Asian stock market
Asian markets declining for 5 consecutive days against the backdrop of falling prices in commodities markets, as well as fears of rising interest rates in China. MSCI Asia Pacific Index lost 1.4% in trading in Tokyo because of lower equity markets in Taiwan and South Korea more than 2%. Shanghai Composite Index fell more than 1% like in the beginning of the year decline, a loss of 4.5%. Shares of steel companies Jiangxi Copper Co. and Aluminum Corp. of China Ltd. lost nearly 2% after lowering the recommendation to “hold” to “sell” by Goldman Sachs.
| NIKKEI 225 | -277.86 | -2.56% |
| HANG SENG INDEX | -136.49 | -0.65% |
| SHANGHAI SE A SHARE INDX | -31.56 | -0.95% |
| SHANGHAI SE B SHARE INDX | -5.47 | -2.08% |
| KOSPI INDEX | -37.66 | -2.19% |
Losers on the MICEX
| RTM cs | -5,48% | 8,77 p. |
| IDC SC | -5,10% | 143,5 p. |
| PIC cs | -5 , 09% | 158,66 |
| Verhnesald | -4, 28% | 2420r. |
| Magnet cs | — 4,00% | 2049r. |
| SZTelek-cs | — 3,99% | 20,22 p. |
| Razguliay | -3,79% | 50,1 p. |
Dynamics MICEX Index (daily chart)
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Analyst Ratings |
Today reports (GE, McDonald “s, Merck) can affect the market of Russia, but what direction wicefll this influence - unknown
Recommendations for market shares: LUKoil, Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank “
From February 1 CenterTelecom increase the tariff for local calls
Average price of Urals oil in 2010 will be $ 76 per barrel
The Asian indexes decrease the fifth day in a row
Comments on the accounts of U.S. banks
Ministry of Internal Affairs of Ukraine in 2009 exposed more than 1,5 thousand crimes in the banking system
Cabinet expects the volume of gas in Ukraine in 2010 at 20.67 billion cubic meters. m
“Communal front” against allowing collection firms to collect debts zhilkomuslugam