Apr
14
Trader’s Stock daily News - April 14, 2009
Filed Under Trader’s view |
Stocks Market today. At the beginning of trades the bull ruled the market. Almost everything was bought. The negative stats on retail selling in the U.S. turned the market around – down, and the oil-and-gas sector suffered the most. Along with that the rally in power energy goes on. On Tuesday the banks’ sector will join.
Market tomorrow. The market still is overheated and a slight reduction might take place tomorrow due to U.S. negative stats output.
Bonds
Market today. On Tuesday the trade volumes of the domestic market reduced again. The main activity was indicated in the “firm” second echelon (STC-3, TMC-3, Stroytransgaz-2). The notes of the Seventh Continent upped significantly. The 5th issue of Lipetsk region climbed also. At the same time at the Eurobond market the turnover volumes formed the usual levels. As before the long-term currency issues of companies (TNK-BP 2011, TNK-BP 2013, Gazprom 2015, Gazprom 2015 EUR, Raspadskaya 2012, Severstal 2013, etc.) and bank notes (VTB 2011, VTB 2016, Tatfondbank 2010) were actively purchased.
Market tomorrow. On Tuesday the domestic market will evidently start begging back to life due to inter-bank still is cheap, but ruble is getting stronger in the basket.
No comment
Head of FED sees signs of economy rough drop slowing down (Interfax)
Dark stats on the U.S. economy indicate rapid drop of GDP in 1Q 2009 (head of FRB in Dallas)
The external economic conditions will not be favorable within 10-50 years. (Kudrin)
Budget spending in 2010 will be reduced versus the plan by more than 1,000 bn RUR. (Kudrin)
Inflation in RF totals 1.1-1.2% in April (Nabiulina)
MEDT believes possible the Russian economy getting back to life by the end of the year. (Interfax)
Sberbank’s supervisory board recommends dividends by the end of 2008 in the amount of 10% of the net profit (Interfax)
Net profit of Russian Standard bank by IAS dropped 22% in 2008 (Interfax)
NWT built up its sales in 2008 by 4% (Company)
X5Retail Group gained 2.1 bn loss in 2008 (Company)
Trader’s Stock daily News - April 14, 2009 (PDF)