The Russian stock market during the day is reduced by updating the lows with spring-2009 RTS
Dmitry Mayorov. The market of the Russian Federation of shares in the first part of trading slightly lower against the weakening of the ruble and attempts oil prices go up.
The price of a barrel of Brent got to level 63 dollar on expectations of increased business activity index (PMI) in industry for the Eurozone and the United States and reduce the supply of oil from Libya.
The MICEX index to 14. Eleven MSC decreased to 0, 4% to 1454, 23 points, the RTS Index - 3, 2% to 773, 51 points, updating the minimum spring 2009
Shares of Sistema ( 4, 8%), and TMK ( 5%) are traded in positive territory in the correction.
The US stock indices on the last working day of the week fell 0, 7-1, 3% amid weak data on industrial production in China and low oil prices. Asian indices fell by 0, 6-1, 6%. The price of Brent crude oil increased by 1, 7% to 62, 92 USD per barrel.
The growth of the Russian stock market as long as possible only in the form of a correction after the drop, says mark Bradford from FG BCS.
" Peace dialogues in Ukraine in the framework of the contact group did not take place last week, which reduces the hope of lifting the sanctions against Russia. The recovery of the economy through the liberalization (privatization, diversification, reducing the country's role in the economy), which is called the head of the Russian Federation centuries Putin remains a matter of the distant future. The state of the Russian economy is still determined by revenues from energy exports, which reduced along with oil prices, " says Bradford.
the exit of inefficient producers the Cost of oil will stabilize, but this process is not instant, says Andrei Vernikov of the investment company " Zerich capital Management "." in the 1st half of next year We will hear about the ruin of the organizations involved in shale technologies. Along the way, will be silent and suffer losses organizations involved in alternative energy, " said he.
" We are still waiting for the rebound Brent oil up from the levels 58-60 dollars, and maybe this rebound will be associated with the weakening of the dollar oposlya as Tuesday and Wednesday there will be a meeting of the U.S. Federal reserve. Due to this fact and due to the likely growth in emerging markets, We expect some growth in the RTS index until the end of the year, " added Vernikov.
|