Jun
23
Trader’s daily - June 17, 2009
Filed Under Trader’s view |
Stocks Market today. Again the market was covered by the wave of sales. Almost everything was for sale, especially the oil and gas-producers’ shares. The reasons for that were the oil price lowering and the threat of tax load upping in the gas industry. The demand was still indicated in the preferred shares of Transneft.
Market tomorrow. The situation at the market goes not provide any growth reasons. However the market might meet the resistance at the level of 1,010 points of the RTS index.
Bonds
Market today. At the ruble bonds market once again ruled the sellers. Raise of selling orders was indicated on RZD-12, RZD-15, VTB-5 and the new issue of X-5. After a long break the selling appeared in Gazprom Neft. The Eurobond market participants likely got nervous. If a week ago the liquid currency issues were hard to find, today the offer is more than enough. However, there is no rush – it does not always lead to the actual deals.
Market tomorrow. Likely the market participants got alarmed that the global liquidity buffer might get significantly thinner. Though the participants of the ruble market are currently a lot more alarmed on the ruble rate.
No comment
Consumer prices (CPI Index) in the U.S. reduced in May by 1.3% versus the same month of 2008. (Interfax)
Gazprom Neft purchased 33.57% of Sibir Energy’s shares and closes the offer. (Interfax)
Ministry of finance offers to up MET for the natural gas starting from 2010. (Ministry of Finance)
Oil and oil products export duty rates might be driven closer to each other. (Ministry of Finance)
Raspadskaya is loaded 75% in June – less than planned. (Interfax)
The volume of loans of Sibirtelecom in 2009 will form up to 7 bn RUR. (Interfax)
Sibirtelecom plans to build up the number of subscribers of the cellular communication in 2009 by 13% to 5.5 mn. (Interfax)
Net profit of Volgatelecom by IAS in 2008 reduced by 3.8% to 2.9 bn RUR. (Interfax)
Trader’s daily - June 17, 2009 (PDF)