The stock market rose after the price of oil

The stock market rose after the price of oil


The dollar calculations “tomorrow” to 19.07 MSK fell by 1.14 ruble – to 76,51 ruble, Euro – by 0.9 ruble – to 83,7% April futures for Brent crude grew on 3,76% – to 35.2 per barrel.

MOSCOW, 28 Jan. Elena Likova. The shares have risen on the basic indexes against growth of quotations of Brent crude oil.

The MICEX index to close up 1.39% to 1771,93 points, RTS index — on 3,16% — to 727,13 item.

The dollar calculations “tomorrow” to 19.07 MSK fell by 1.14 ruble — to 76,51 ruble, Euro — by 0.9 ruble — to 83.7 ruble, follows from the data of the Moscow exchange.

The April futures for Brent crude grew on 3,76% — to 35.2 per barrel.

“The main driver of growth was made by oil prices literally soared after the statement of the Russian Minister of energy Alexander Novak that OPEC and other oil producers will meet in February to discuss reducing levels of production,” said Mikhail Abramov from “Veles Capital”.

Corporate history

Shares of one of the largest Russian retailer “Tape” have decreased on 2,72%, despite growth in operating performance for the fourth quarter and for 2015 as a whole.

The company “Lenta” in 2015, increased its revenue by 30.3% compared with the previous year — to 252,763 billion. In the fourth quarter “Tape” got 75,113 billion rubles of revenue, which is more than in October-December of 2014 were 26.2%.

VTB shares climbed to 4.27%. Probably the interest was stimulated by the news that “Mail Rossi” and “VTB 24” has signed a package of documents on creation of “Post Bank”, says Vitaly Manzhos from the Bank “Education”.

To operating activities in the network of post offices “Mail Bank” will start in the first quarter of 2016. For three years from the beginning of the project the planned opening of more than 20 thousand Windows of the Bank 15 thousand post offices in 2016 — not less than 6.5 thousand Windows 3.5 thousand post offices.

“Thus, a strong business model, which is based on the use of already existing post offices, creates real opportunities for rapid deployment of a network of retail banking services and ATMs covering the entire territory of the country,” says Manzhos.

Leaders of growth and decline

In leaders of growth — actions “Pharmacy chain 36 and 6” (5,12%), ordinary actions “Tatneft” (3,98%), LUKOIL shares (3.94 per cent), “inter RAO UES” (3,81%), NOVATEK (3,07%), ordinary actions “Surgutneftegaz” (2,76%).

In leaders of decrease – actions MMK (-3,74%), Severstal (-3,3%), preference shares “Transneft” (-3,19%), shares of Yandex (-3,1%), prefs of Tatneft (-2,82%), NLMK shares (-2,25%), Peak (-2,1%) and “Akron” (-1,45%).

Forecasts and recommendations

Despite the low probability of reducing the key interest rate in Russia Friday, some issuers in the coming weeks will feel “better market”, said Sergei Kochergin from Exness group.

“We’re talking about promotions of pharmaceutical companies, which in the next couple of weeks will help the growth of a flu epidemic in the Russian Federation that will determine the revenue growth of the relevant issuers in the first quarter of 2016, and the shares of the oil and gas sector,” he says.

In his opinion, if the OPEC countries and Russia will really take the decision to reduce quotas on oil production, the average price in February will increase at least to 37 dollars and will be above the January values of 32.7 to the dollar, he adds.

The main driving force for the markets remain quotations of “black gold”, however, not exclude the correction down, said Abramov from “Veles Capital”. He also believes that the CBR will leave rates at the current level of 11%.