Moscow. On 26 November. The shares opened on Thursday a further increase of the rouble prices of blue chips on the back of rising oil, weakening ruble and geopolitical tensions, indexes MICEX and RTS per minute bidding added to 0.3-0.5%.
By 10:01 Moscow time, the MICEX index amounted to 1839,7 points (+0,3%), RTS index – 882,89 points (+0,5%), ruble prices of most blue chips on “the Moscow stock exchange” has risen within 1%.
This morning the dollar grew to ruble of 65.64 (+0.12 per ruble).
Increased rouble value of the shares of VTB (+0,4%), Gazprom (+0,1%), LUKOIL (+0,2%), Magnit (+0,8%), NOVATEK (+0.1 per cent), “NorNickel” (+0,3%), “Polyus Gold” (+1,7%), Rosneft (+0,3%), “Rostelecom” (+0,2%), Sberbank of Russia (+0,5%), “Surgutneftegaz” (+0,6%), “Tatneft” (+0,5%).
Sank shares of “Gazprom oil” (-0,2%), “Mobile TeleSystems” (-0,1%).
Indexes in the U.S. barely changed in Asia on Thursday observed a mixed dynamics, a stable U.S. stock futures (contract on the S&P 500 rose by 0.03%) and oil.
The effect of the surge in geopolitical tensions out, while market participants hope to maintain a significant level of coordination between Russia and the West in Syria.
Investors turned their attention to increasing tensions with Russia and Turkey on regional issues and statistics from the United States, writes Financial Times.
In the U.S. on the eve of thanksgiving Day, market participants kept to the expectations of a December rate hike by the Federal reserve system. Costs Americans last month increased 0.1%, while experts expected growth rate of 0.3%. The income of the U.S. population in October increased by 0.4% compared with the previous month, as expected. The volume of orders for durable goods in the U.S. last month jumped by 3% compared with the previous month, after falling 0.8% in September, while the consensus forecast provided for an increase of 1.7%.
The number of Americans who first applied for unemployment benefits last week fell to its lowest in a month 260 thousand at forecasts of decrease to 270 thousand
Sales of new U.S. homes in October rose to the highest in 14 months of 10.7% to 495 thousand homes in terms of annual rates. The consensus forecast included an increase of 6.8%. Consumer confidence in the US economy improved in November, although not as substantially, as testified to preliminary estimates.
Exchange USA will be closed on Thursday due to the thanksgiving celebration.
Oil prices changes mixed on Thursday, with WTI more expensive for the fourth session in a row, which was not observed since April, reports Bloomberg.
Futures for Brent crude on the January costs $46,02 per barrel (-0.3% mom and +0.1% in the medium), the price of WTI is $43,08 for a barrel (+0,1%).
On Wednesday, oilfield services company Baker Hughes reported a decrease in the number of active drilling rigs in the United States for 9 – to 555 units, the lowest level since June 2010. However, the commercial oil reserves in the U.S. increased last week for the ninth time in a row and came close to record levels. According to the Ministry of energy of the country, reserves increased to 961 thousand barrels – up to 488,2 million barrels. In April the index reached its 490,9 million barrels, the highest mark for all the time collecting data since 1982.
As noted Promsvyazbank analyst Ilya Frolov, an important anticipated event for the Russian stock market will be the meeting of Russian President Vladimir Putin and French President Francois Hollande, which will clarify the prospects of the anti-terrorist coalition: fears rising tensions and country award after Turkey unreasonably shot down a Russian military aircraft, and the US has unexpectedly imposed sanctions against certain natural and legal persons, seriously hamper the market. Throughout the day the likely consolidation in the range 1825-1845 points on the MICEX index.
The chief of analytical Department IFK “solid” Oleg Steps believes that on thanksgiving Day the activity of investors will decrease.
Published in the financial stability report the European Central Bank (ECB) warned about the possible revaluation of international risk Premia and the threat of a slowdown of growth in developing countries in the context of the likely more rapid increase in interest rates in the US than markets now expect.
In conditions of a favorable external background the Russian stock market may continue to restore previously lost due to the upsurge of geopolitical tensions levels. The return of the MICEX index in the area is 1850 points seems quite possible. However due to the national holiday in USA – thanksgiving market activity can be reduced, and the focus of investors will remain political developments, among which should be mentioned the visit of French President Francois Hollande in Russia to discuss issues of combating the terrorist threat.