Arbitration transactions: actions on - former are underestimatedWhile the Russian actions on Thursday, on January, 13th, have gone to a bottom, in London active sales were not. It has led to formation of an appreciable positive spread. Certainly, a considerable role active strengthening of rouble in relation to dollar has played, nevertheless domestic actions have support in London.
so, the most underestimated paper on the Moscow Interbank Stock Exchange are actions “ Severstal “ they in Russia are quoted more low, than in London, on 2,4 %, “ Surgutneftegaz “ - on 2,25 %, MMK - on 2,1 %, bank VTB - on 2 %, “ RusGidro “ - on 1,9 %, “ Rosneft “ - on 1,7 %.
actions " are Considerably underestimated; Uralkalija “ and NLMK, their positive spread makes 1,6 %. At “ Norilsk nickel “ this indicator is equal 1,5 %, “ Gazprom “ - 1,4 %, LUKOIL and “ Rostelecom “ On 1,1 %, “ Polymetal “ - 1 %.
Thus, the Russian papers in London cost more expensive considerably, than in Moscow. There is opened only one question, whether players in Russia will buy papers to catch up with the western colleagues, or, on the contrary, players in London will catch up Russian sales. On this question the external background which will be established during session of Friday, on January, 14th will answer.