The shares closed mixed amid falling oil prices

The shares closed mixed amid falling oil prices

Amid weakening of the ruble and falling prices for Brent crude below $ 47 per barrel, the MICEX index to closing has grown to 1725,89 points, while the RTS index fell to 839,26 item. The difference in the dynamics of the major indices is associated with a sharp rise in the dollar.

MOSCOW, 27 Jan. Elena Likova. The Russian stock market on Tuesday closed mixed after the weaker ruble and falling oil prices Brent crude below $ 47 per barrel.

The MICEX index to closing has grown on 0,80% — to 1725,89 points, the RTS index has fallen to 2,19% — to 839,26 points, follows from the data of the Moscow exchange.

The difference in the dynamics of the major indices is associated with a sharp (by about 2 rubles) the growth of the dollar.

Most of the trades the MICEX index was in red zone, during the day the MICEX index and the RTS index has updated the lows from 9 and 6 October, respectively.

The rebound of actions “Transaero”

Action “Transaero” has grown 20,18% to 9,41 roubles. In the first minutes of trading the company’s stocks rose by 39.85% to 10,95 ruble amid continued S7 plans on buying the carrier. Shares of “Aeroflot” fell by 1.75%.

Tuesday afternoon in support of the “Transaero” has provided the message with reference to a source close to the deal that the shareholders of the S7 group’s plan to the end of the week to obtain the property of first 19% stake in the airline “Transaero”, and then submit a request to the Federal Antimonopoly service (FAS) of the Russian Federation on approval of this transaction.

As on Tuesday have informed in the press service of the FAS can fine the group S7, if it is confirmed information on purchase of actions “Transaero” without the consent of the Department. FAS sent a request in S7, the deal on purchase of actions “Transaero” last week and expected an answer by Friday, but so far no response has been received, said the representative of the press service of the Ministry.

Also on Tuesday it became known that the Board of Directors of “Transaero” dismissed General Director Dmitry Saprykin and appointed to the post of Deputy flight Director of “Aeroflot Russian airlines” Valery Zaitsev.

Saprykin, who came out of “Aeroflot”, was headed by “Transaero” in September, when “Aeroflot” has started to solve problems of passenger traffic of “Transaero” and planned to buy 75% plus one share of the company. The deal did not materialize due to the fact that the shareholders “Transaero” are unable to collect the package. However, “Aeroflot” still carries the major part of the passengers of “Transaero”.

Corporate history

Shares of “Gazprom” to close unchanged in price against the background of reports by Bloomberg that the Turkish authorities submitted the claim to arbitration over the price of Russian gas.

Before the message of the action “Gazprom” have decreased on 0,9% from its previous closing.

Filing a claim by Turkey to the Stockholm arbitration against Gazprom is normal practice, the Russian company does not exclude pre-trial settlement of the dispute, said the official representative of “Gazprom” Sergei Kupriyanov.

Support oil industry has had a statement at the meeting of the presidential Commission on fuel and Energy complex.

Shares of “Yandex” has grown by 12,17% (day rose to 15,16%) on the back of higher forecast company revenue growth in 2015, up to 14-16% 11-13%.

The data of the adjusted net income according to US GAAP Internet companies in the third quarter does not put pressure on the quotations of “Yandex”. This profit of Russia’s largest Internet companies amounted to $ 3,507 billion rubles, which is 10% less than in the same period of 2014. The result was better than the consensus forecast, based on analysts ‘ expectations (or 3.28 billion).

NLMK shares were up 3.48 percent amid reports Vice-President Grigory Fedorishin, NLMK expects that the payment of dividends in the first nine months of 2015. NLMK has not reported for the nine months of the publication of the financial results for January-September is planned for 9 November.

Updated in 2015 to NLMK’s dividend policy provides that equity-based compensation, if the ratio “net debt/EBITDA” is less than or equal to 1, may be aimed from 50% of net profit up to 50% of free cash flow, calculated in accordance with US GAAP. If the ratio is higher, these financial indicators is taken as 30%.

Leaders and outsiders

Among leaders of growth — actions “the Magnet” (5,1%), NCSP (4,3%), TMK (3,1%), Raspadskaya (3,1%), preferred shares of Tatneft (3.1 per cent).

Among the major leaders of decrease — actions of the Moscow exchange to (-3.2%), Sberbank shares (preferred shares fell by 3.1%, ordinary — on 3,6%) and Rostelecom (preference shares decreased by 1.1%, ordinary — 0.6%).

Forecasts and recommendations

On Wednesday, the external environment could turn 180%, if the U.S. Federal reserve will keep its key interest rate unchanged and will be limited to soft rhetoric, says Sergey Kochergin of the company Exness.

“In the next few weeks you can expect a return of oil prices to us $ 50-55 per barrel at which oil production in the US remains profitable. Although the probability of returning in 2016 in oil prices to 70 dollars per barrel seems low, at this price one should expect growth of global investment in the oil and gas sector,” he commented.

In the short-term fluctuations of the MICEX index will likely be held in the range 1690-1750 points, says the analyst.

Mikhail Krylov from “Golden Hills — Kapital AM” believes that the MICEX index will likely remain focused on 1680 points, RTS — on new lows of about 800 points.