• Recently Written

  • Trader’s daily - October 15, 2009
  • Trader’s daily - October 16, 2009
  • Trader’s daily - August 12, 2009
  • NCSP: Good, but expensive - July 27, 2009
  • Aeroflot: Airplanes will save Aeroflot - July 20, 2009
  • Daily review - August 12, 2009
  • Trader’s daily - August 11, 2009
  • Daily review - August 11, 2009
  • Trader’s daily - August 10, 2009
  • Daily review - August 10, 2009

• Categories

  • Bullet-moments
  • Trader’s view
  • Uncategorized

• Archives

  • October 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • October 2008
  • September 2008
  • August 2008
  • July 2008
  • June 2008
  • May 2008
  • April 2008

• Blogroll

  • New york extended stay - new york accommodation
  • Order SEO - Order SEO Service

• Russian Stock

  • Log in
  • Russian Stocks
  • Russian SEM

  Search

During last week RTS had achieved its all time highest values several times. An unstoppable growth had continued through 10 days in a row, whilst the most active stocks were of oil & gas sectors: Gazprom, Rosneft, Surgutneftgas, Gazprom Neft and LUKOIL. For example: stocks of Gazprom Neft have expanded over 13% in just a week, thanks to support of recently published strong IAS report, announcement of dividend payoffs and close of shareholders’ registry. By over 9% Rosneft’s stocks have also increased in value, backed by appointment of I. Sechin as vice-premier of RF. A considerable support for the Russian stock market was provided by external economic factors: publication of US statistics. More and more opinions arise that US’ recession is not as deep as it seemed. Friday also brought statistics on new houses, which rose high unexpectedly. All of this ignited a wave of purchases and RTS rose by over +1.7% in just 1.5 hours before trades ended.

Last Friday RTS increased by 2.77% and closed at 2478.87 points. Some positive influence over the indicator was sprayed by stocks of LUKOIL (+5.01%), Gazprom (+4.25%) and Sberbank (+2.27%). The shares of North-West Telecom appeared downed below the market, losing -1.97% of their value.

Classic market turnover has formed 61.8 mn USD, whereas turnover leaders seats were manned by stocks of LUKOIL (10.8 mn USD), Sberbank (10.2 mn USD) and Gazprom (9.7 mn USD), closely following each other.

Do note that last week’s dramatic growth opened new horizons for achieving new heights by RTS. This week’s target is set at 2550 points. However, we still do not exclude that players may yet to decide on fixing their income.

Main Stock events

Gazprom: 1Q 2008 RAS financials expanded.
Gazprom’s RAS-compliant net income of 1Q 2007 rose 2.4 times to 154.47 bn RUR, from 64.95 bn RUR in similar term of 2006. Such info was provided by company’s recent announcement.

Kazimir Partners offered Polyus Gold’s subsidiary 350 mn USD for 2.5% of company’s stock.
Kazimir Partners Investment Fund sent an enquiry to Jenington International asking to buy 2.5% of Polyus Gold stocks. According to Kazimir Partners’ comments, fund offers 350 mn USD for this portfolio.

Other Stock news

SinTZ’s weak financials of 1Q 2008 and full 2007.
AvtoVAZ pays up.
ZMZ draws results of 2007.
Kirovsky Plant reports for 2007.

Comments