Russia, the outcome of the auction: Stock indices finished the session lower
February 2, 2010 – 11:00 amRussia’s stock trading ended on Monday, falling indices. Following today’s session, the MICEX index fell by 0.17% – up to 1417 points and the RTS index – on 0,2% – to 1470.79 points.
On the MICEX among the leaders of the fall were Rosneft (-1.16%) and Severstal (-1.23%). Above the market today traded securities “MTS” (1,96%), Gazprom (1,82%) and Rostelecom (1,56%).
Analyst company “ATON” , Natalia Vygodina commented results of today’s Russian stock trades: “Toward the close of trading, the most liquid shares on the Russian sites have to retreat from their daily lows. Improve the mood of market participants was able to statistics published today in the United States. Expenditures of the country in December increased by 0,2%, while revenues increased by 0,4%. Analysts expected an increase in both indices at 0,3%. The index of industrial activity (ISM Manufacturing) in the last month rose to 58.4 points, while the experts had expected a decline to 55.5 points. “
” MICEX Index finished the day at the newly resistance 1420 points. Passage of this mark may allow the index to grow to 1,475 points. However, from a technical point of view, in the short term we can expect growth of U.S. indexes. For example, the index S & P500 foothold above 1087 points, may continue to rise to 1100 points. In turn, this can support and Russia’s market, “- added the expert.
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