In the first half of Tuesday in Russia continued to dominate the market bulls, which led the indices to new highs this year. But then investors have decided to take profits. As a result, the outcome of the day the major stock indicators showed reduction: MICEX - to 2.71% to 1,320.7 points, RTS - on 1,96% to 1,400.02 points.

reduction of share platforms led by oil and gas sector, despite oil rising in price. Profit to a lesser extent, affected the securities Gazprom, which declined to 1.26%. Interest in the shares of the monopolist's visit is supported by the results of head of Russia's government in China, during which was signed several important agreements. Among other things, the countries agreed to supply Russia's gas to China, the volume of which can be about 70 billion cubic meters a year. Pricing options will be defined at the beginning of next year, but the fact of an agreement after years of negotiation gives rise to a strengthening of the positions of Gazprom in the Asian region.

biggest decline in the steel sector was led by MMC Norilsk Nickel, a paper Polyus Gold, by contrast, continued growth, increased by 0.67% against the price of precious metals reach new highs at around $ 1,069.7 per troy ounce.

Paper Raspadskaya lost 3,99%. The company previously announced expected operating results for the 9 months of this year, reported a decrease in production by 10% year on year to 7.2 million tons, which is associated with a decrease in demand from steel companies. Prices supplies for IV quarter of this year fixed at 2 700 USD per tonne of coal concentrate, which is 68,8% higher than in the past quarter. Given forecasts of further growth in coal prices, indicators Raspadskaya can support not only of its quotes, but also the securities of other companies segment.

In leaders of growth were telecommunications and electricity sectors. In addition to the delayed dynamics, growth factor quotations generating companies is not the first day are the prospects for launching a long-term market power in 2010, which would raise rates for companies segment. In addition, shares RusHydro (4.07%) continue to win back the recommendations for improving them by analysts Citigroup.

In the banking sector was observed countervailing dynamics. The best results among the second tier of companies, not only in the segment, but also on the market as a whole showed Bank of Moscow (9.69%), reported a decrease in net loss in the III quarter at 6.28% over the same period last year to 86.896 million rubles. However, the optimism of investors are not too justified, since the quarter prior to the Bank failed to demonstrate a positive financial result, and return to the losses caused by distinctive for the financial sector increased allocations to reserves.

Investors again evaded the attention of producers of mineral fertilizers. Paper Uralkali grew at 1.36% against the background of Ministry of Natural Resources that the company will develop about 50-60% of the stock (34 million tonnes) of the first mine in Berezniki, drowned in 2006, which will provide the manufacturer about the cheese 2 years. But production at the emergency site may be associated with both increased risks and considerable investment in development. Thus, in the near future, given the drop in demand for potash products, Uralkali still prefer to do more accessible sources, although additional stocks of raw materials are a positive factor for the issuer.

Today the attention of investors is likely to be concentrated on the external newsletter background. In addition to the early publications reporting U.S. banks, we will have enough rich macroeconomic calendar, which includes data on the labor market of Great Britain, as the euro area industrial production, as well as indicators of retail sales in the U.S., which will reflect the situation with the consumer demand in the country. In the absence of reasons for selling Russia's stock indicators may well continue to rise, as yesterday's decline index is rather seen as a necessary respite, but not as a replacement of a positive trend. On Wednesday morning external background also is in favor of shopping: and Asian exchanges, and futures on U.S. indices, and oil prices are showing growth.

In the first half of the day at the Russian sites is expected speculation up
The opening of trading on Russia's market is expected to gepom up 1-2%
Opening of the Russian trading on Wednesday will be held with certainty gepom up
Against the backdrop of rising oil prices increased demand for the opening will benefit stocks of oil and gas sector
Better the market today can be paper, Lukoil, Sberbank and Norilsk Nickel
Futures on the SP 500 during the Asian trading session updated the local maxima
On Tuesday, the course pair euro /dollar has updated its maximum value of more than a year
Latin America: Prospects of the Brazilian economy grows, shares the same
Telephone operators have changed the order of a set of long-distance calls and international destinations