Moscow. October 22. The shares opened on Thursday bipolar dynamics of prices of blue chips amid mixed external factors, indexes MICEX and RTS per minute bidding dipped by 0.1-0.2%; the action “Transaero” has halted the strong rally, gaining only 0.4% after take-off three times the day before.
By 10:01 the MICEX index amounted to 1708,56 points (-0.1%), RTS index – 855 points (-0,2%), ruble prices of most blue chips on the Moscow exchange changed within 1%.
This morning the dollar fell to 62,82 of the ruble (ruble -0,18).
Increased rouble value of the shares of VTB (+02%), “Gazprom oil” (+0,3%), LUKOIL (+0,1%), Magnit (+0,1%), “Mobile TeleSystems” (+0,1%), NOVATEK (+0,03%), “Rostelecom” (+0,2%), Tatneft (+0,1%).
Shares fell Gazprom (-0,04%), Norilsk Nickel (-0,3%), “Polyus Gold” (-0,4%), Rosneft (-0.1%) and Sberbank (-0,3%), “Surgutneftegaz” (-0,2%), “FGC UES” (-0,4%).
Action “Transaero” has grown on 0,4% (up to 19,57 ruble). On the eve of the paper soared almost threefold (from 6.8 to 19.5 rubles) on the news that the owner of PJSC “Airline “Siberia” (enters into group of S7 Airlines) Vladislav Filev has signed an agreement to purchase Alexander Pleshakov “not less than 51% of actions “Transaero”.
According to an analyst of Bank “Russian capital” Anastasia Pine, on Thursday market participants will focus on the meeting of the European Central Bank (ECB) and at the final statements of cash head of the regulator Mario Draghi. In General, players do not expect the ECB any momentous decisions, however, there are suggestions that the rhetoric Draghi will remain soft, “pigeon”. It is also possible verbal intervention regarding the extension or renewal of the existing programme of quantitative easing.
The Russian stock and currency markets most likely consolidation. Futures for Brent oil prices temporarily stabilized around $48 per barrel. Thus, the negative impact of the oil factor will decrease and, hence, rouble-denominated MICEX index will continue to spin close to 1700 points, and the RTS index – about 850 points to get new signals from the outside.
According to the chief of analytical Department IFK “solid” Oleg Shagova, the oil the day before prices dropped amid rising U.S. inventories and the lack of concrete results of the last technical meeting of OPEC.
Recently published data show that thanks to the ongoing ECB monetary policy credit conditions in the Eurozone improving gradually. That is why the European regulator may take a break, leaving the current settings of the current QE program unchanged and confined itself to verbal interventions.
In the short term, the MICEX index will continue movement emerged in last week’s trading range. The obstacle to the reduction of the MICEX index is the area of support, which are located near the psychologically important level of 1,700 points, which can be re-tested for strength in case of deterioration of the external background. Technical barrier to the resumption of the upward trend in the MICEX index remains the resistance zone 1740-1750 points.
An important event on Thursday, which may have a significant impact on investor sentiment, will become the President of Russia Vladimir Putin at the final plenary session of the International discussion club “Valdai”.