May
7
Trader’s stock daily - May 07, 2009
Filed Under Trader’s view |
Stocks Market today. At the market the rapid growth continued at the background of upped volumes: the indices updated the all-time high levels within half year together with oil prices. High activity of the players was indicated in the bank sector on the threshold of stress-tests output. The shares of Sberbank and VTB added about 5% and 7% respectively. Still demand remains in the shares of Gazprom, Norilsk Nickel, LUKOIL and Rosneft.
Market tomorrow. The market has all the chances to close the week with growth. Possibly on the threshold of the holidays the activity will reduce slightly, however the priorities will be the same – oil sector and the banks.
Bonds
Market today. The positive mood at the domestic debt market remained, though the trade volume reduced versus Wednesday. Among the leaders on the turnover volumes was the 6th issue of Sibirtelecom, which added in price significantly. Besides, the activity was in MGor-50, MGor-54, United Confectioners-2, Sistema-1, Belon-1 and the 7th issue of URSI. At the Eurobond market the buyers prevailed. Russia-30 grew in price by another 1p.p. Good demand was for the issues of Mezhprombank, VTB, ruble loan of Bank of Moscow, and also Sibirtelecom 2009.
Market tomorrow. The last trading day of the week will unlikely be exclusive. The stress-tests results will not be able to change the mood of the investors sharply due to mass leak of information to the markets, the given news has already been won back.
No comment
Bank of England will keep the rate at 0.5% level, ECB reduced the rate to 1% from 1.25%, as expected. (Interfax)
International reserves of RF as of May 1 grew to 385.9 bn USD. (CB RF)
RF import within January-April reduced by 39.8% to 40.6 bn USD. (FTS)
WGC-1 will conduct the annual shareholders meeting on June 26, register close data – May 8. (Company)
Fitch put under revision the ratings of Evraz Group with “negative” forecast. (Interfax)
Moody’s reduced TMC to “B1”, forecast – “negative” (Interfax)
Some companies intend to collect via court decisions another 507.5 mn RUR. (Interfax)
CTC Media in 1Q 2009 reduced the US GAAP net profit to 23.3 mn USD, sales dropped to 105 mn USD (Company)
Baltika upped in 1Q its net profit by IAS by 18.5% to 2.5 bn RUR. (Company)
Trader’s stock daily - May 07, 2009 (PDF)