Jun
9
Daily Stock review - June 05, 2009
Filed Under Uncategorized |
On Thursday the trades the quotes’ movement was variously directed. Mainly the pessimistic mood prevailed. At the background of lightly negative oil price dynamics within the most part of the Russian trading session the sharers of oil-and-gas branch slipped by 1% average. However, the overbought bank sector looked worse than the market. The reasons for reduction were not just technical: VTB output the results of 5 first months of the year, which turned out to be negative. As a result the shares of the bank lost 9%. Sberbank lost 2%, making the lion’s share of the day turnover. The pressure on the market was provided by the ruble, which weakened versus the bi-currency basket, and the RTS index went even lower than 1,100 points during the day. Nevertheless, by the results of the day due to the improved commodity conjuncture and positive open at the U.S. the indicator has slightly compensated the daytime pressure.
Main Stock news
NWT summed up the annual results by IAS.
Sales of NWT by the results of 2008 according to IAS totaled 25.2 bn RUR versus 24.2 bn RUR a year before. Net profit dropped from 10.1 bn RUR in 2007 to 2.6 bn in 2008.
Other Stock news
Ø TNK-BP wants to include Kovikta to the investment plan of Gazprom.
TNK-BP directed an offer to the government of RF on including the Kovitka deposit to the investment program of Gazprom.
Daily Stock review - June 05, 2009 (PDF)