Rus News Journal

The dollar pushes the Russian market downwards

On Friday, on March, 19th, the auctions in the Russian share market have opened a rise in prices of the majority of liquid papers, however, short-term which correction downwards has followed. The external news background generated to the beginning of session, was neutral. The day before the American share indexes were closed raznonapravleno though the deviation from the price of closing of previous day was minimum. On Friday since the morning futures for indexes of the USA also have not shown uniform dynamics. Raznonapravlennoj was on Friday and dynamics of the Asian stock exchanges, however optimism nevertheless prevailed.

quotations of industrial metals on Thursday were consolidated about current values, and on Friday small growth has begun. Oil was the day before corrected downwards. This dynamics has remained and on Friday. At 11:30 Moscow time the prices of mark Brent fluctuated about a mark 81,12 dollars/ barr., WTI - 82,18 dollars/ barr. Oil is clamped in a narrow range 80 - 82 dollars/ barr. (For mark Brent), and current decrease occurs within the limits of consolidation in it. Correction in the oil market is promoted by negative reaction of investors to performance of head of ETSB ZH ana - Claude Trishe, led to dollar exchange rate strengthening.

as a result by 12:30 Moscow time the Moscow Interbank Stock Exchange index has decreased on 0,26 % and has made 1429,77 points, RTS - on 0,41 % and there were on a mark 1552,42 points. Volumes of the auctions by specified time have made on FB the Moscow Interbank Stock Exchange - 14,38 mlrd rbl., in RTS share market - 1,507 million dollars

not bad looks By the current moment telecommunication sector. The price of actions “ Volgatelekoma “ by 12:30 Moscow time has grown on 0,71 %, “ severo - the Western Telecom “ - on 0,01 % against them nedootsennosti taking into account expected factors of an exchange at re-structuring “ Svyazinvest “. Quotations of papers “ Rostelecom “ have decreased on 1,01 %, MTS - on 0,19 %, “ Uralsvyazinform “ - on 0,65 %.

After growth of the previous day provoked by moderately positive reporting investors fix profit on Savings Bank papers. Ordinary papers of bank by 12:30 Moscow time have fallen in price on 0,42 %, exclusive - on 0,44 %. Capitalisation VTB has decreased on 0,74 %.

the Power sector repeats dynamics of the market and becomes cheaper the second trading session successively. The price of actions “ RusGidro “ by 12:30 Moscow time has decreased on 0,27 %, “ Inter the Russian Open Society “United Power Systems“ “ - on 0,75 %, FSK EUROPEAN ECONOMIC COMMUNITY - on 0,29 %, MOESK - on 1,31 %, “ Mosenergo “ - on 0,32 %.

the Russian oil and gas sector on Friday is influenced by two factors. In - the first, speculative, connected with dollar exchange rate growth. In - the second, investors redistribute portfolios, getting rid of actions “ Rosneft “ in connection with a problem of the frozen accounts. Strictly speaking, it also has defined raznonapravlennuju dynamics in sector. So, LUKOIL papers by 12:30 Moscow time have fallen in price 0,36 %, “ Gazprom “ - on 0,18 %, NOVATEKa - on 0,51 %, “ Tatneft “ - on 0,65 %, “ Rosneft “ - on 0,9 %. The price of actions “ Surgutneftegaz “ has grown on 1,92 %, “ oil Gazprom “ - on 2,57 %, “ Transneft “ - on 0,56 %.

Without special ideas at market level while actions of the metallurgical companies are quoted also: Quotations GMK “ Norilsk nickel “ by 12:30 Moscow time have decreased on 0,24 %, NLMK - on 0,22 %, MMK - on 0,02 %. The price of actions “ Severstal “ has grown on 0,43 %. After performance of head ETSB correction of the raw market has led to decrease in actions “ a gold Pole “ (- 1,64 %) and “ Polymetal “ (- 0,62 %).

As the analyst " marks; Probusinessbank “ Vahid Valiev in a current situation recommends to make the extremely weighed trading decisions - descending correction on the Russian platforms already has ripened, and the further deterioration of an external news background can serve as the catalyst of the beginning of mass sales. Therefore the expert advises to consider on Friday possibility of opening short-term “ shortov “. To strategic investors thus follows, being out of the market, to wait realisations of descending correction.

Quote. ru