At auctions ADR in London correctional decreaseAuctions ADR of the Russian companies at the London stock exchange (LSE) on Friday, on October, 15th proceeded, have begun insignificant decrease in quotations which has soon outgrown in falling. Investors continued to fix profit after appreciable growth of the market from the beginning of week. The role in correction development the weekend factor has played also. Besides the Russian and European share indexes showed mixed dynamics, and the prices for oil decreased. There was a depreciation of the majority of industrial and precious metals. Thus, any essential factors of support in the market was not. As a result till the end of day of the quotation of the majority of the Russian papers continued to show negative dynamics which has amplified to session closing. By the end of session index FTSE Russia IOB which pays off on the basis of quotations depozitarnyh receipts of 15 Russian companies largest on full market capitalisation addressing at the London stock exchange, has gone down on 1,28 % and has finished session on a mark 885,93 points.
papers of oil and gas sector have appeared under the pressure of correction of the prices for oil. By the end of day cost of the nearest future for oil of mark Brent with delivery in December has decreased on 0,8 % - to level 83,5 dollars/ barr. Negative dynamics of oil futures has been caused by deepening begun on the eve of technical correction in the absence of the strong fundamental news, capable to support the market. In the meantime in the international currency market Forex decrease in dollar against euro and other leading world currencies was not so such active as the last two trading days, and could not provide a condition for continuation of investment purchases of commodity actives. Price ADR “ Surgutneftegaz “ has fallen on 1,24 %, LUKOIL - on 1,42 %.
Papers “ Gazprom “ have fallen in price on 1,66 %, despite positive news. The agreement on performance of the FEASIBILITY REPORT of the Bulgarian site “ the Southern stream “ it will be signed next week. Head has informed on it “ Gazprom “ Alexey Miller. “ we have achieved considerable progress in discussion of all questions connected with “ the Southern stream “. Arrangements on acceleration of work and signing next week agreements on working out of the FEASIBILITY REPORT of the Bulgarian site of a gas pipeline and joint venture creation are reached. To create the joint venture we intend in November 2010ã., it is considerable before planned term “ - A.Miller has told following the results of delegation visit “ Gazprom “ to Bulgaria.
against the general correction cost of receipts “ Rosneft “ has decreased on 2,78 %. Open Society “ Rosneft “ And the Venezuelan oil corporation Petroleos de Venezuela SA (PDVSA) have signed the agreement on purchase by the Russian company of 50 % in German Ruhr Oel GmbH, owning four oil refining factories (NPZ) in Germany. The sum of transaction will make 1,6 mlrd dollars, not including belonging PDVSA stocks of raw materials and a debt receivable which will be estimated at the moment of transaction end.
GDR Evraz group have finished the auctions at levels of closing of Thursday. The company has raised the forecast on EBITDA for III quarter 2010ã. With 480 - 550 million to 550 - 600 million dollars the Increase in a look-ahead indicator is connected with smaller, than planned, terms of carrying out of repair work at the company enterprises in III quarter of this year and a rise in prices for building hire in the Russian market in September. The company also has informed that manufacture of steel Evraz group in III quarter 2010ã. Has decreased on 8,7 % - to 3,87 million t - against 4,2 million t for the similar period year before. In comparison with II quarter 2010ã. (4,282 million) steel manufacture has decreased on 9,7 %. Pig-iron manufacture in III quarter 2010ã. Has made 2,944 million t (- 2,7 % by III quarter 2009ã.), coke manufacture - 363 thousand t (- 26,9 %), hire (except for intragroup deliveries) - 3,469 million t (- 9,3 %). Manufacture of railway production has grown on 31,1 % - to 448 thousand t, manufacture of trumpet products has grown twice - 237 thousand t.
Papers “ RusGidro “ have fallen in price on 1,12 %. The international rating agency Standard &Poor `s has appropriated to forthcoming release of notes of participation in the credit (LPN) “ RusGidro “ (the emitter - RusHydro Finance Ltd.) Rating at level BB +. Receipts from release will be directed on financing of a loan of Open Society “ RusGidro “ (ratings from S &P: BB +/ “ stable “/ B). As it was informed earlier, “ RusGidro “ prepares debut release of eurobonds in volume to 20 mlrd rbl. Road - show bonds started on October, 13th 2010ã.
Department of the analytical information
- Real estate: the Habitation in Russia following the results of 2010 will rise in price no more than on 1,5 - 1,8 %
“. The personal finance “: the Bank of Russia will leave only dot interventions