Apr
15
Daily Stock Market review - April 15, 2009
Filed Under Trader’s view |
On Tuesday the trades at the Russian market began positively. After it became clear that the oil prices started climbing the market directed up, headed by the oil sector. The fact that signs of economy drop is slowing down are appearing at the market and that might have supported climbing. Particularly, similar idea has been stated by the head of FED Ben Bernanke. However the statistics on retail selling in the U.S. in March poured cold water. Instead of increase 1% drop was indicated. As a result after output of those stats, the main markets were all into selling and the Russian shares lost all positive gained in the first half day. The entire oil sector went low. The bank sector was neutral. Besides, rally in the power energy sector continued.
Main Stock news
Strong results of WGC-3 by RAS for 2008.
By the end of 2008 the sales of WGC-3 increased by 18.9% versus 2007 and totaled 1,536 mn USD. The sales growth was provided by the upping of production power energy by 5.6% and price growth for the power energy and heat energy.
Other Stock news
Ø Gazprom Neft is on the threshold of 2008 report output.
Gazprom Neft will output report by US GAAP for 4Q and the full-year report on April 15, imparts the message of the company.
Ø Forecast of financial estimates of Raspadskaya for 2008.
Financial report of the company according to IAS will be issued today. We expect the sales of the company by the end of the previous year to increase by more than 47% and will reach 1.2 bn USD.
Ø NWT strikes the year balance.
By the end of 2008 the income of NWT according to RAS grew 4% versus the previous year and reached 24.5 bn RUR. The main sales growth drivers were the new services (Internet and data transfer) and intra-band communication. Versus 2007 the income from providing Internet access and data transfer upped by 44% and reached 4.2 bn RUR, and income from intra-band communication grew by 10% to 2.4 bn RUR. Profit from selling totaled 3.9 bn RUR, which is by 35% less than in 2007. The net profit of the company by the end of 2008 totaled 3.6 bn RUR versus 11.3 a year before.
Daily Stock Market review - April 15, 2009 (PDF)