The MICEX index to closing has grown on 1,98% – to 1742,46 points, RTS index – on 2,97%, to 783,65 points, follows from the data of the Moscow exchange.
MOSCOW, Dec 15. Elena Likova. The shares rose on Tuesday on the main indexes after the shares of oil and gas companies who have risen to the rebound of oil prices.
The MICEX index to closing has grown on 1,98% — to 1742,46 points, RTS index – on 2,97%, to 783,65 points, follows from the data of the Moscow exchange.
The February futures for Brent crude grew by 1,81% to 38,85 USD per barrel.
Shares “Novorossiysky Combinat KHLEBOPRODUKTOV” (NCHP) in the first 10 minutes of trading on the Moscow stock exchange rose by 1.5% relative to the offering price in the IPO, up to 520 rubles. However, in the course of trading shares fell NCHP regarding the offering price at 12,11% to 450 rubles. By the close of trading shares fell 10.4% to 459 rubles.
Moscow exchange launched trading in shares NCHP 15 December 2015 at 13.00 MSK, trade code — NKHP. In the framework of the public offering on the Moscow exchange was posted 7,291 million shares NCHP and costs 512 rubles for a total amount of 3.7 billion rubles. NKP shares included in the quotation list of the first level of the Moscow exchange, has also been reported in the message.
Sole global coordinator and bookrunner of the offer made by “VTB Capital”, co-lead Manager — BCS financial group. Based on the set price, the market capitalization NCHP amounted to 34.5 billion rubles. The authorized capital NCHP is 67,597 million, consists of shares with a nominal value of 1 ruble.
The volume of supply in the IPO amounted to 10.8% of the shares NCHP. According to the results the share of the company’s shares in free float will amount to over 30% with existing minority shareholders.
Shares to the placement said the company Belcarra Services. Controlling shareholder of the plant — United grain company (UGC, 50% minus one share belongs to the group “Sum” Ziyavudin Magomedov), which owns 51% of the shares NCHP. Through the company Ivianto Services Ziyavudin Magomedov owns be 18.49% NKHP. Other physical and legal persons own 19,73% of the plant.
Amid the rebound of oil rose the most shares of oil and gas companies: Gazprom rose 2.1%, LUKOIL — on 0,6%, “Rosneft” — on 2%. Also rose papers “Tatneft” (4.2%) and “Surgutneftegaz” (1.4 per cent).
Forecasts and recommendations
Downside risks in the short term global stock indices after increasing key interest rates in the U.S. remain high, says Sergey Kochergin from Exness group.
“Meanwhile, in the medium term we expect the MICEX index to 2000 points. Russian exporters, who managed this year to make a profit, part of it will be spent on the payment of dividends and the rest — on repayment of external debt and the implementation of new projects in 2016,” he commented.
Even in stress scenarios — long-term preservation of oil prices in the region of 30-40 USD per barrel Russian exporters will be able to compete successfully with their foreign counterparts, he said.
“Reducing inflation in Russia to single values in the year 2016, in no doubt the CBR will contribute to attracting foreign investments in the Russian Federation”, — he adds.
Tuesday kicks off a two-day meeting of the US Federal reserve, which will announce its monetary policy decision on Wednesday at 22: 00 Moscow time, reminds the analyst of “InstaForex” Igor Kovalev. “In anticipation of this important for markets developments domestic investors can reduce the activity. While some support the Russian benchmarks are able to provide the oil, if the stock holds above $ 38 per barrel,” he said.
Stock indexes in the case of a rate hike following the world can be subjected to pressure, it will lead the MICEX index below 1700 points, says the analyst of TeleTrade mark Goikhman.