Jun
23
Trader’s daily - June 16, 2009
Filed Under Uncategorized |
Stocks Market today. The market was rather volatile, however the favorable conjuncture at the commodity markets and good stats on the market of new-built houses in the U.S. leaded the shares to positive. Following the oil the demand is returning to the oil shares. Besides, the special sympathy of the market participants belonged to the preferred shares of Sberbank.
Market tomorrow. The positive opening is possible following the oil, which broke through the level of 70 USD per barrel.
Bonds
Market today. On Tuesday the participants of the domestic debt market continued fixating profit in the most liquid issues. Especially that related the recently placed issues (X5-Finance-4, RZD-16). At the same time in single issues buyers’ interest was indicated (VK-Invest-1, Systema-1, and AIZK-8). At the Eurobond market the activity was still close to zero.
Market tomorrow. Within the coming days the ruble bonds will be under the impact of sellers. The hope for serious growth of oil prices is minimal. If only Euro tries to overcome the recent maximum versus dollar.
No comment
The number of newly-built houses in the U.S. in May grew by 17%, having significantly overcome the forecast. (Interfax)
Price growth of the producers in the U.S. in May turned out to be 3 times lower than the forecast. PPI Index grew by 0.2% in May. (Interfax)
Industrial production volume reduced in U.S. in May by 1.1%. (Interfax)
Industrial production drop accelerated in RF in May to 17.1%. (Rosstat)
Net loss of Akron by IAS totaled 849 mn RUR in 1Q 2009. (Company)
Dorogobuzh in 1Q 2009 reduced the net profit by IAS by 50% versus the similar period of the previous year to 417 mn RUR. (Company)
Net profit of Sibirtelecom by IAS in 2008 reduced by 43% to 1.5 bn RUR. (Company)
Gazprom might reduce the capital investments in 2009 to 500 bn RUR from 637 bn RUR. (Interfax)
Trader’s daily - June 16, 2009 (PDF)