Mar
26
Trader’s Stock daily News - March 26, 2009
Filed Under Trader’s view |
Stocks Market today. Today there were no actual leaders on the market: almost all shares were bought little by little. Rally in Uralkaliy continued due to expectations of arrangements on the accident in Bereznyaki. The interest was indicated in telecommunication companies due to rumor on reorganization of Svyazinvest. Norilsk Nickel presumed climbing after two day drop. Among the “rookies” Pharmacy Chain 36.6 should be mentioned due to adding of 46% at the expectations of investment fund purchasing blocking portfolio of the pharmacy retailer. After the issue of negative operational data Raspadskaya’s shares were no longer interesting and sold gradually.
Market tomorrow. Tomorrow the consumer sector will still be interesting, along with power energy and telecommunication companies. However, correction is possible on the shares that added the most during the week.
Bonds
Market today. The purchases continued at the domestic market, though the volumes were not that remarkable. Among the turnover leaders once again were the bolds of Moscow: MGor-46 and MGor-45. Besides, unexpectedly high volume was on the shares of UTair-3 and Koks-2. The rapid growth of quotes of Pharmacy chain 36.6 bonds should be mentioned (+28.45 b.p.). At the Eurobond market the demand still remains for the long-term bank bonds, nominated in dollars and euros. Particularly, AkBars 2011, Promsvyazbank 2012 and Bank of Moscow 2013 were of great interest. There were almost no deals in the ruble sector.
Market tomorrow. On Friday we expect the high trade activity to remain. At the same time the focus should be on the companies of A1 list, including banks’ and telecommunication companies’ notes.
No comment
RF’s international reserves grew as of March 20, 2009 to 385.3 bn USD from 376.1 bn USD as of March 13, 2009 (CB RF)
FSFM prolonged the banning on short-term selling. (Interfax)
In 2008 Tatneft upped sales by 11% to 219 bn RUR (Company)
MMC increased sales in 2008 by RAS by 19% to 226 bn RUR (Interfax)
On April 1 Mechel will start placing preferred shares (Interfax)
Motor car assembling enterprise will be organized in coastland region (Shuvalov)
Sibir arranged restructuring of bonds for another 350 mn RUR (Interfax)
Trader’s Stock daily - March 26, 2009 (PDF)