If the “bulls” will keep the level of 1390 points on the MICEX index, it is to maintain hope for a turn and a new wave of upward movement
External factors are not conducive to shopping
Unfortunately for the bull, the external factors existing before today”s opening, will not contribute to purchases. The negative dynamics on the American markets, since our closing, and the decline in oil prices will lead to the opening of Russian markets in negative territory. Thus, from a technical point of view, remains an important level of 1,390 points. If the “bulls” will be able to hold him back, it will retain hopes of a possible reversal of the market and attempt to start a new wave of upward movement. In the case if the “bears” succeed to push this level, it is likely that in the short term decline will continue, with immediate support to the market can serve as a level of 1315 points. Consolidation of the market above this level was still room for growth in Russia”s market.
In Friday trading on Russia”s market opened lower quotations on the background of negative dynamics of foreign markets. Attempt to restore undertaken “bulls”, after reaching the MICEX index level 1390 points was not successful, resulting in a market seen macroeconomic statistics on the morning lows. Left data supported the “bulls” and allowed them to hold the end of the session in the growth and withdraw most of its market into positive territory. As leaders of growth were the paper Gazprom and InterRAO, adding more than 2%. On the negative territory closed Surgutneftegaz (-1.5%) and Polyus Gold (-0.5%). As a result of trading the MICEX index added 0.9%, ending the day at 1,419.25 points.
traded on the American sites have opened growth of the major indexes, which contributed to macroeconomic statistics. After the first hour of trading, during which the main indexes added about 1%, the markets faced a wave of sales. As a result, by the middle of the day indices returned to levels close Thursday, and at the end of the session had gone to the negative territory. As a result of the auctions the index Dow Jones and S P500 lost 0,53% and 0,98% respectively, the NASDAQ index fell 1.45%. At the morning session, futures on S P500 index shows lateral movement at the levels close to 9.50 on Friday and is trading at 1073 points.
energy market after our closing demonstrated lower quotations. Futures Brent crude by the end of trading reached a level of 71 dollars, then there has been recovery, will partially compensate for the loss. At the morning session, the contract is consolidated at the levels of previous day”s close of 9.50 and is trading at 71.3 dollars per barrel.
If we talk about the upcoming week, apart from macroeconomic statistics, with particular attention to investors will be drawn to the index of personal consumption, business activity index in the manufacturing industry and services, and data on the number of new jobs and unemployment, to attract the attention of the players view Volcker”s plan in Congress to restrict the activities of banks, which will take place on Tuesday. It is likely that on Friday U.S. markets weighed just waiting for this event, calling the sale of assets against the backdrop of the positive macroeconomic data. Also, markets will continue to monitor closely the actions of the Chinese Central Bank and the situation around Greece. An additional factor is the macroeconomic statistics, published last week in the U.S., which makes the players to revise their expectations about the time change in monetary policy by the Fed. And there will be an important factor in data from the labor market going into Friday. In this regard, the positive macroeconomic statistics may have a negative impact on the dynamics of world share platforms.
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“Aerosvit” can not meet
Forecasts of analysts: Russia”s stock market is waiting for the opening downward movement within the course of the day trades can be adjusted with data from the U.S.
Today, leaders of decrease in the market of Russia will be the paper of oil and mining companies
In the next session of the market is expected to “Comma delimited with”: MICEX index will be in the range 1360 - 1420 or 1370 - 1420 points
The focus today will be focused on the shares of Rosneft, the company will publish its financial results in 2009 by US GAAP
Technically the market of Russid3ba looks good, can not be said about the U.S. indexes, where the uptrend has been broken
In the coming days the attention of market participants are likely to be concentrated in the telecommunications sector
U.S. indexes and oil futures reached a strong support, which contributes to a reversal
In the case of breakdown at the opening level of 1,390 points on the MICEX index, “Bears” will be used to storm 1365 points
