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1 of August, 12:27

The Russian stock market in the first part of the day down on external negative
Dmitry Mayorov. The market of the Russian Federation of shares in early trading Friday decreased, reflecting the Declaration by the EU sanctions list, which included the largest banks of the Russian Federation. Active correction of the US stock market also creates negative background.

Support comes from data on manufacturing PMI release of the Russian Federation in July 2014, which amounted to 51 points, the first time since October 2013 exceeding the critical level of 50 points (which indicates the growth of the sector).

The MICEX index to eleven. 51 GMT decreased by 0, 5% - to 1372, 45 points, the RTS Index - by 0, 8% to 1210, 28 points.


on Thursday evening, the European Union revealed the list of credit institutions, which have limited access to the capital markets of the EU, have Sberbank, VTB, Gazprombank, Vnesheconombank and Rosselkhozbank. This news in the short term, largely already earned for this reason, significant reaction bidders she has not caused.

Sberbank shares are reduced by 1, 3%, VTB - 1, 7%. Paper RUSAL rise in price for 1%, MTS - on 0, 9%.

The US stock indices on Thursday decreased by 1, 9-2, 1% against the background of weak reporting organizations and the difficult financial situation in Argentina. The overwhelming majority of Asian indices are declining within 1%. The price of Brent crude oil decreased by 0, 1% to 105, 90 dollars per barrel.


The behavior of the US stock indexes cannot lead investors in a stupor is a normal correction on overheated and relaxed summer market, when all the key points already earned, thus gained a certain share of risks (slow increase in the market of the U.S. housing collapse QE, the probable bankruptcy of Argentina, the economic confrontation with Russia), says senior analyst organization Management " Savings " Alexander Potavin.

" However, the market of the Russian Federation of shares in recent weeks live their separate lives, more reacting to the news on sanctions than on the dynamics of foreign markets. Strong support level for the MICEX index is currently at around 1360 points, and the bulls will try to keep him, " added the analyst.

Potavin emphasizes that trades on the last working day of the week for the Russian stock market will be revealing." If consumers are power and will not allow the MICEX today to fall below one-week lows (1357), then next week index will be quite able to start the upward correction, " he believes.

Speaking about geopolitical risks, analyst FG BCS mark Bradford said that tripartite dialogue on Ukraine with the participation of militia (in Minsk), in order to achieve a total ceasefire is expected to continue during the coming week." Optimists will seek orders that the meeting of the contact group on Ukraine may make rules for the gradual de-escalation ", - he added.

" More realistic that in the autumn with approach of colds Europe will be favorably configured in relation to the interests of the Russian capital. Under scenario a de-escalation and dialogues have the opportunity to bring the very best solution for the Russian Federation ", - said Bradford.

sections: Politics

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