Mar
19
Trader’s Stock daily - March 18, 2009
Filed Under Uncategorized |
Market today. Majority of shares moved down. The most significant damage was done to the oil sector, which was pulled down by the dropping oil prices. GAZ was positive on the news on restructuring of loan, provided by Sberbank.
Market tomorrow. Evidently, the market is into the wave of correction and might be dropping for several trading sessions.
Stock and Bonds
Market today. Trade volume today continued upping at the domestic market. The list of leaders by turnover volumes was headed by loans of Moscow (45th and 47th), which was due to a rather successful placement of 59th issue. Market participants did not forget about the second echelon: Ursi-08, IntegraF-2, Kopeyka-2. At the Russian Eurobond market consumer boom is indicated for another day in a row. Within the past 24 hours the ruble issues added 100-150 b.p. in price. The currency notes were also of great demand.
Market tomorrow. REPO is cheaper than ever – 9-10% annually – and banks’ debt to CB is leveling secretly, so the purchases will likely continue.
Stock with No comments
NOVATEK’s 2008 net profit according to IAS grew by 22.2% to 22.899 bn RUR, sales – by 27.1% to 79.272 bn RUR. (company)
Sales of AvtoVAZ according to RAS by the end of 2008 totaled 160 bn RUR. (company)
In February Aeroflot reduced traffic by 16% (company)
Sberbank is ready to restructure GAZ debt. (Interfax)
WGC-2 does not exclude additional emission for investments in 2012. (Head of company)
RF cellular operators’ subscribers’ base grew in February by 0.5%. (Interfax)
Trader’s Stock daily - March 18, 2009 (PDF)