Aug
5
Trader’s daily - August 04, 2009
Filed Under Uncategorized |
Stocks
Market today.The trades were variously directed at the contradictory external background. The profit was fixated mainly on Gazprom and LUKOIL. Purchases continued in the shares of Sberbank, Surgutneftegas and Norilsk Nickel. During the day the prices of oil varied around 72-73 USD going to green and red zones from time to time, which leaded to increased volatility at the exchange grounds.
Market tomorrow.External signals are contradictory. The session opened with reduction in the U.S. against the background of weak stats on the income and expense of the U.S. citizens. The oil price dynamics is not clear yet. Likely the mixed dynamics of the Russian companies will remain. Report of fuel supplies in the U.S. in the afternoon might introduce changes to the course of trades.
Bonds
Market today. On Tuesday morning the positive dynamics remained at the Russian debt notes market. Later on the investors preferred to fixate profit, the purchases prevailed though. Even the slight down of the oil prices in the morning did not affect ruble much, which continued getting stronger. The leader on the number of deals was Gazprom-A4, among the most liquid notes the most demand was for NWT-5, MTS-4 and VTB-5. At the Eurobond market the lateral trend remains, with the purchases prevailing, Russia-30 is at the high level due to high oil prices.
Market tomorrow.Totally the ruble bonds market keeps its investment attractiveness, which likely will lead to some purchases tomorrow.
No comment
In RF inflation in July totaled 0.6%, since the beginning of the year it reached 8.1%. (Rosstat)
Gazprom Neft directed the offer for Gazpromneft-Ural shares buyback. (Company)
LUKOIL opened order book for another 2 issues of the market bonds for the amount of 10 bn RUR. (Company)
Till 2012 TNK-BP intends to invest about 700 mn USD in utilization of PNG. (Company)
RusHydro in 3-4Q 2009 will launch the placement of an additional emission in the favor of RF for 19 bn RUR. (Company)
AvtoVAZ upped the selling of Lada in July by 12.4% versus June. (Company)
VTB in 1Q 2009 gained 20.5 bn RUR of net loss by IAS, which was worse than forecasted by the analysts. (Company)