Jun
16
Daily Stock review - June 16, 2009
Filed Under Trader’s view |
The trades at the Russian market began with quotes drop. The external background was negative – oil fell to 70 USD per barrel, European grounds were lowering, ruble versus dollar reduced also. Those facts might have leaded to a 4% drop of the market within the first hours of the trades. Note that the second half of trades was rather calm – quotes deviation was insignificant and the market moved close to 1,080 points of the RTS index. All the liquid shares closed the day negatively, the shares of oil-and-gas and bank sector suffered the most.
Main Stock news
Uralsvyazinform: annual results by IAS.
Sales of Uralsvyazinform in 2008 by IAS totaled 40.7 bn RUR versus 39.1 bn RUR a year before. The net profit grew from 2.3 bn RUR in 2007 to 2.5 bn RUR in 2008.
Other Stock news
Ø TNK-BP considers the British Regal.
Within the coming days TNK-BP might discuss with the British Regal the possibility of purchasing its gas assets in Ukraine ans the total acquisition of the company is not excluded, wrote today RBC-Daily.
Ø Polyus and Polimetall go to Kazakhstan.
Polyus Gold negotiated the final conditions of purchasing 50.1% shares of Kazakhstan gold-mining KazakhGold, having reduced the cost of its controlling portfolio to 269 mn USD. Polimetall negotiated the purchase of gold-copped Varvarinskoe deposit from Orsu Metals, the cost of the given deal all together is estimated in the amount of 235 mn USD.
Daily review - June 16, 2009 (PDF)