May
18
Trader’s Stock daily News - May 18, 2009
Filed Under Uncategorized |
Stocks Market today. The trades were volatile under the conditions of high activity of participants. Following the American “colleagues” shares of bank sectors grew: Sberbank and VTB looked better than the market - +4% and +6% respectively. At the same time Sberbank leaded by turnover. Also versus the positive correction at the oil market LUKOIL, Gazprom and Rosneft were purchased.
Market tomorrow. We do not exclude continuation of positive dynamics of banks and oil sector, which was supported by favorable conjuncture at the opening of American grounds, and also growth at the commodity markets.
Bonds
Market today. At the domestic bond market activity was moderate. Besides the usual giants of market (issues of Moscow and Moscow region and VTB), the participants were actively interested in the following issues: Uralsibleasing 1-2, MOEK-1, Sistema-01, AIZK-3. At the Eurobond market after Friday sale thing were calm. At the same time there were neither bids nor offers. So, in the end the quotes of the most liquid notes stayed at former levels.
Market tomorrow. The quotes growth of notes within the second echelon continued. The issue of MTS, placed lately is trading higher than nominated. Ruble liquidity continues pressuring the market, not providing an option to refrain to the external markets and conduct a reasonable overestimation. The external news might only lower the turnover volume.
No comment
Drop of industrial production in RF in April speeded up to 16.9%, and by the end of 4 months it totaled 14.9% (MEDT, Rosstat)
Gazprom’s board reduced dividends to 7-year minimum, but does not refuse from rewards to itself. (Interfax)
In 1Q 2009 LUKOIL upped oil extraction by 2%, gas extraction dropped 23% from decline of purchases by Gazprom. (Interfax)
In exchange for its portfolio in TGC-11 Rosneft gained a share in Inter RAO. (Bogdanchikov)
Net profit of WGC-1 by IAS in 2008 grew by 3.8 times. (Company)
RusHydro in 2009 intended to reduce expenses by 5%, investment expenses – by 8%. (Interfax)
Sinarskiy pipe plant in 1Q will gain 228 mn RUR of net loss versus profit a year before. (Company)
TMC intends to restructure debt of 1 bn USD till July. (Interfax)
MTS signed an agreement on refinancing transfer of credit of 630 mn USD. In April MTS built up the number of subscribers by 0.9%, at the same time the subscribers’ base of cellular operators of RF grew by 1%. (Company)
RZD began placing bonds of 12 series by 15 bn RUR, coupon rate re3ferance – 15-15.5%. (Interfax)
Trader’s Stock daily News - May 18, 2009 (PDF)