Rus News Journal

The Moscow Interbank Stock Exchange can fall to 1150 - to 1180 points

On Friday, on May, 18th, the Russian indexes are under the pressure of falling oil and expectation of the beginning of the summit G8 (G8). According to analysts, a situation in the Russian market the uncertain: has ripened a rebound which will be realised within the next few days though it is not excluded that from lower marks, in a case probitija level of 1250 points of the Moscow Interbank Stock Exchange can fall to 1150 - to 1180 points.

over bank sector of Europe the risk of realisation of effect " hangs; dominoes

According to analysts of the Savings Bank, the share and commodity markets finish current week maximum on rates of decrease by recession in 2012. The decision on re-elections in parliament of Greece has only delayed risks as the majority of party Syriza in parliament and its head who has held a post of premieres - the minister, can conduct to an exit of Greece from an eurozone, investors already start to put prospects of that in cost of actives. In short-term prospect experts consider a condition of the debt market of Italy and Spain, and also a condition of banks of EU as key risk factors. Fears cause risks of effect dominoes in bank sector of Europe from - for prompt deterioration of a situation at banks of the south of an eurozone. However these processes are a good substantiation for the next stage LTRO from ETSB that is why, in the presence of political will in EU, new wave of financial crisis probably again to stop.

the Moscow Interbank Stock Exchange has tested minima of October 2011.

As to two leaders for the Russian share market - stock market of the USA and the oil market, that, according to analysts of the Savings Bank, the technical picture on - former is negative. The nearest purpose of decrease S & P500 there can be a range 1260 - 1280 points, on oil Brent - a range 100 - 105 dollars/ barr. However, analysts notice that though the European indexes and the oil market keep potential for decrease, it looks not so high. As to the Russian market it since Thursday has entered into a phase of free falling and peak levels volatilnosti and has on Friday morning tested minima of October 2011.: 1240 - 1250 points on the Moscow Interbank Stock Exchange. Analysts consider that in the Russian market has ripened a rebound which will be realised within the next few days though it is not excluded that from lower marks, in a case probitija level of 1250 points, the Moscow Interbank Stock Exchange can fall to 1150 - to 1180 points. Experts underline that impulse realisation to growth will be so prompt, as well as a collapse current week in which course the market has lost almost 150 points on a Moscow Interbank Stock Exchange index.

in the market there are no drivers even for a short-term rebound of the prices

the Analyst of the company Aton Elena Kozhuhova notices that in the Russian market very strong sales within all week were observed. E.Kozhuhova considers that the basic problem for the markets - absence of drivers even for a short-term rebound of the prices. Nevertheless in second half of day of Friday the situation in the Russian share market has improved. According to the expert, next week also it is impossible to exclude continuations of a technical correctional rebound upwards from the minimum values. Thus investors will search for fundamental factors for this rebound if they do not find them, sales can quite proceed. The basic attention will be turned on the macroeconomic data. In the USA, in particular, there is a statistics on real estate, orders for the goods of long using. Also investors will watch news from summit G8 which begins on Friday and on which any decisions for overcoming of debt crisis will be made.

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