Shares IDC Volga now overvalued relative to the analogs

At the end of trading Wednesday, the MICEX index fell by 2.7 energy% and closed at 1,862 level. Trading volume increased somewhat over the previous trading day. Stock Quotes sector showed the largest companies on Monday, mostly negative momentum, following the general trend in the market. MICEX Index on Wednesday fell by 5.5%. The value of securities FGC UES decreased by 4.8%, stock quotes, RusGidro fell by 2.1%, the paper IDC Holding cheaper at 5.2%, stock price Mosenergo fell to 1.8% in the same time, the paper Inter RAO UES, went up by 0.5%.

We note the positive dynamics of shares of the Volga IDC, which quotes the previous day took off at 10%, while paper and other IDC IDC Holding cheaper by an average of 3.6%. At this point, IDC Volga trade with coefficient EV /IRAB at 0.38, the highest rate in the network sector, and a 31% premium to the average 0.29.

We believe that shares of the Volga IDC is now overvalued relative to the analogs, and we recommend investing in shares of companies with a lower-cost assessment: Lenenergo, Urals IDC, IDC Holding .

In the positive zone remain some oil shares, supported by still high oil prices
Correction on Russian sites vydohnetsya early next week
Strongly prosest Russian market not established the price of oil close to $ 70 a barrel
The situation on the foreign sites remains relatively stable
Today on the Russian stock market is expected small increase in the main indices
It is possible that during the session, the MICEX and RTS indexes fell below 1000 points
Today at the Russian sites is expected to continue the negative dynamics of
Another aim of the MICEX indexwill mark 1000 points
Today on the Russian stock market is expected to multidirectional changes in quotations of securities