The share market of the Russian Federation has grown on the backdrop of a strengthening ruble and rising price of oil

The share market of the Russian Federation has grown on the backdrop of a strengthening ruble and rising price of oil


According to the Moscow exchange, MICEX index to closing has grown on 0,13% – to 1712,10 points, RTS index – on 0,45% – to 860,75 paragraph following the rise in oil prices and the ruble strengthening against other major currencies.

MOSCOW, 22 Oct.Prime, Elena Likova. The Russian stock market on Thursday rose as oil prices established above $ 48 a barrel mark Brent, and against the background of ruble strengthening the main involutum.

The MICEX index to closing has grown on 0,13% — to 1712,10 points, RTS index — on 0,45% — to 860,75 points, follows from the data of the Moscow exchange.

The Russian stock market on Thursday did not come from the outset 1704-1716 points amid relatively low trading volumes, analyst of management company “Raiffeisen Capital” Sofia Kirsanova.

Correction of actions “Transaero”

Action “Transaero” was corrected downwards on at 23.08% to 15 rubles (during the day fell to 14.4 per ruble) after takeoff on Wednesday almost three times, to 19.5 per ruble, which happened on the news that shareholders retain S7 plans to buy the carrier, despite the revocation of his operator’s certificate.

The fate of “Transaero” continues to be uncertainty. The company was unable to service the debt, constituting together with the leasing obligations of about 250 billion rubles. Sale of tickets is stopped and passengers are transported group airlines “Aeroflot” and other carriers. Air operator certificate “Transaero” will be revoked on October 26.

In addition, the campaign pushing the message that the savings Bank begins to withdraw the lease the planes “Transaero”.

Shares of Aeroflot rose by 2.99%. BCS analysts are positive about getting third international routes “Transaero”. “Although the questions about plans of owners to buy S7, Transaero continued to introduce uncertainty, the decision will be the trigger for a substantial increase of “Aeroflot” — says they are.

Corporate history

Actions “Severstal” have decreased by 0.7% on results under IFRS for the third quarter of 2015, which the company received net loss of 130 million dollars against profit in the previous quarter in the amount of 469 million dollars. EBITDA declined by 10.9% to 524 million dollars in revenue by 7.9%, to 1,663 billion.

Polyus Gold has not changed in price, despite positive operating results in the first nine months of the current year. The company during this period increased gold production compared with the same period last year by 5% to 1,291 million ounces.

Gold sales in January-September 2015 was us $ 1.32 million ounces, an increase at an annual rate of 8%. Revenue from sales amounted to 1,554 billion dollars, which is 1% less than in the first half of last year.

Polyus Gold, as the shares “the pole Gold” (-0,2%) came under pressure due to declining gold prices on the world market.

Forecasts and recommendations

Against a rise in price of the Russian currency, the MICEX index will rise to 1717 points, while the RTS index — up to 866 points, says Natalia Samoilova of “Golden Hills — Kapital AM”.

Consolidation of oil at the current level subject to the reduction in volatility can lead to the growth of the Russian market, which is still not played in full information about new plans of the ECB regarding quantitative easing program, said Alexander Kostyukov of IR “Veles Capital”.