Moscow. On 25 January. The shares opened on Monday rising prices blue chips, following rising oil prices and the rise of world stock markets, the MICEX and RTS per minute bidding added 0.1 to 0.3%.
By 10:01 Moscow time, the MICEX index amounted to 1720,17 points (+0,1%), RTS index – 693,28 points (+0,3%), ruble prices of most blue chips on the Moscow exchange grew 1.4%. The dollar at the start of the session fell to 76,71 of the ruble (ruble -1,32).
Increased rouble value of the shares of VTB (+0,8%), “Gazprom oil” (+1%), LUKOIL (+0,4%), “Mobile TeleSystems” (+0,3%), NOVATEK (+0,03%), “Rosneft” (+0,2%), “Rostelecom” (+0,3%), Sberbank (+1.4% and +1.4% of “prefs”), “FGC UES” (+0,2%).
Sank shares of Gazprom (-0.1%) and Magnit (-0,8%), Norilsk Nickel (-0,2%), “Surgutneftegaz” (of -0.6%).
Indices in the USA increased by 1.3-2% on Monday in Asia positive dynamics prevails, weakly positive U.S. stock futures (contract on the S&P 500 increased by 0.05%) and oil continues to grow.
Futures for Brent oil for March rose to $32.4 per barrel (+0.7% and +10% on Friday), the price of WTI is $32,41 per barrel (+0,7%).
Oil prices grow amid snow storms in the USA, as well as reducing market expectations of further fall in the cost of raw materials. Hedge funds closed in the last days of the sell positions, which suggests that many felt that the market has passed the bottom point of the fall, writes Bloomberg.
Last week prices rose more than 10%. However, the rebound, as many believe, likely to be short term, as the market remains in oversupply. This is evidenced, in particular, the continuing growth of stocks of fuel in the U.S. market.
Support to the market also provide the expectations for new measures to stimulate the world economy. Last Thursday, ECB President Mario Draghi, speaking on the results of the January meeting, reported that the leadership of the European Central Bank in March to review its monetary policy in connection with the increase in downside risks in the global economy. Analysts also expect the Bank of Japan may announce new measures to support the economy as early as next week. The likelihood of a further interest rate increase by the fed in January is still quite low.