May
27
Trader’s daily Stock Market News - May 27, 2009
Filed Under Trader’s view |
Stocks Market today. Totally significant growth took place. Due to the external factors oil sector came first, due to ruble strengthening – Sberbank. The demand left telecoms and moved to the more liquid sectors.
Market tomorrow. Currently the oil is at high levels, which raises the possibility of its drop. No supporting factors are expected. So, the chances of correction at the Russian market are also high.
Bonds
Market today. At the domestic debt market the activity was rather high. At the same time, unlike past days the price dynamics was various. Particularly, the quotes of MGor-54, Mos.Obl.-7, EBDR-2 slipped slightly. At the same time the significant adding was indicated on the issues of AIZK-3, Zenit-3, Mos.Obl.-6. Significant volumes were on the 3rd issue of WBD – the company continues returning notes to the market. At the Eurobond market things are still calm. However, against the background of slight recovery of Russia-30 sovereign issue the quotes of currency issues kept a bit higher.
Market tomorrow. On Thursday the situation will not change. Players’ interest will be focused in the notes of the second echelon. We also do not exclude slight correction in the issues of Moscow.
No comment
Fund of Timchenko Volga Resources builds up a share in NOVATEK to 18.2%. (Interfax)
Net profit of Vozrozhdenie bank by IAS dropped by 1.8 times in 1Q 2009 to 386 mn RUR, lower than forecasted. (Interfax)
Net profit of Veropharm for 1Q 2009 dropped 41% to 3.7 mn USD. (Company’s report)
June 2 RusHydro begins placement of additional emission for investments. (Interfax)
VSMPO-Avisma might lower dividends for 2008 by more than twice to 23.14 RUR per share. (Interfax)
Moody’s lowered rating of Severstal to “Ba3”, forecast – negative. (Interfax)
Trader’s daily Stock Market News - May 27, 2009 (PDF)