– The Russian stock market on Tuesday has updated the maximum for the MICEX index since February against the background of growth of most blue chips headed reached historical peaks in the securities of Sberbank and Tatneft ; the daily growth of the MICEX index was a record since January 2015.
At the end of trading, the MICEX index rose to 2155,55 points (+3,6%), RTS index – to 1146,98 points (+3,4%), ruble prices of most of the chips on the “Moscow stock exchange” has grown in the range of 12.5%.
The dollar rose to 59.19 ruble (+0.11 ruble), although day rate fell to 58,21 RUB/$1.
Led the growth of the action “Tatneft” (+12.5% and +11% “preferred shares”), Sberbank (+6.3% and +6.8% in the “preferred shares”), Gazprom (+5,1%), LUKOIL (+4.9%) and “Gazprom oil” (+4,8%),”Masuri” (+3,9%), “Rosneft” (+3,8%”, “Surgutneftegaz” (+2.7% and +3,9% “preferred shares”), “NOVATEK” (+3,2%), VTB (+2.1 percent).
The Board of Directors of Tatneft at the meeting of November 6, recommended shareholders to approve dividends for the 9 months in the amount of 27,78 of the ruble on all types of shares. Question about the payment of interim dividends will be considered at the extraordinary meeting of shareholders of OAO Tatneft on December 12 in the form of absentee voting, cut-off the shareholder register for dividend payment – 23 Dec. Total on payment of dividends it is planned to allocate 75% of net profit of JSC “Tatneft” for 9 months of the company.
Ordinary shares of Sberbank on Tuesday for the first time crossed the threshold of 200 rubles and reached 205,96 of the ruble.
The stocks of Aeroflot (-2,4%), “Rusala” (-1,4%), Magnit (-0,1%).
Indexes in the U.S. reached a record 26th time this year, which is the most intense highs in the history. On Tuesday rose Asia – Japan, Hong Kong and Australian indicators reached multi-year highs. Japan’s Nikkei 225 jumped 1.7% on the background of the inflow of funds from foreign investors, the value of the indicator rose to the highest since January 1992.
In Europe evening fell indices (DAX, FTSE slipped 0.2-0.5 percent), there has been a correction in the U.S. (S&P 500 index dipped 0.1%).
In the oil market prices on Tuesday let off steam after a sharp rise the day before on the news from Saudi Arabia, which is one of the world’s largest oil producers and the most influential member of OPEC.
The price of January futures for Brent crude to 18:50по Moscow on Tuesday was $63,9 per barrel (down 0.6% and +3.5% in Monday), the December the price of WTI – $57,15 per barrel (-0.4% and +3,1% the day before).
The solution created in Saudi Arabia Committee for the fight against corruption in the country detained 11 princes and 38 former Ministers, their deputies and businessmen. All detainees charged with corruption, false reporting and money laundering.
In addition, Baker Hughes data published last Friday, showed a decrease in the number of operating oil rigs in the United States over the past week to 8 units – up to 729 units.
According to leading analyst of Bank “Russian capital” Anastasia Pine, Russian stock indices under the influence of the oil factor has demonstrated impressive dynamics.
Brent’s sharp rise amid corruption arrests in Saudi Arabia have tried to fix around $64 a barrel, but at the moment can not see any additional drivers, which could push oil prices higher than $65 per barrel, marks. In addition, the commodity markets began to exert pressure resumed the strengthening of the U.S. dollar (the U.S. dollar index was very close to getting to 95 points).
Oil has suspended its growth, although the market remains potential for moving up. Saudi theme unexpectedly continued. The leadership of Saudi Arabia accuses Iran of supplying rockets to the Houthis in Yemen. Meanwhile, the U.S. administration expressed support for the recent steps of the authorities of middle Eastern monarchy. To some extent you can say that Washington encourages tensions in the Persian Gulf. However, Saudi Arabia may be in an embarrassing situation if the news is about 900 thousand cases of cholera in Yemen will be the subject of international proceedings. In the next few days quotations of “black gold” also will respond to statistics from the United States. If again will be marked by destocking, the $65 per barrel of Brent does not seem unattainable.
In General, in fact, due to the oil and gas sector and Sberbank MICEX index went months maximum. However, on Wednesday shares of Sberbank can happen correction upon release of financial statements for 10 months, the analyst believes.
The RTS index on Tuesday failed to overcome a short-term resistance of 1130 points, but the bulls took by storm the important medium-term level of 1160 points. It is likely that to break through the RTS will need support in the form of a further strengthening of the ruble. Meanwhile, in the medium term, the dollar index remains in the sideways channel bound 1105-1160 points.
Sberbank shares has exceeded 200 rubles, papers VTB have risen in price, ignoring the speculation about the FBI investigation against the Bank. American office suspects Russian lender in facilitating corrupt transactions in Mozambique. Have rollerbal of the action “Tatneft” after reports that the company is ready ahead of time to pay its shareholders dividends amounting to 64.6 billion (75% of net profit for 9 months). Its decision the company explained that the net profit growth during this period exceeded expectations.
In “the second echelon” on the “Moscow stock exchange” leaders of growth were shares of JSC “GTL” (+7,7%), JSC “United aircraft Corporation” (+6,4%), “UTair” (+4,5%), PJSC “Zavod im. I. A. Likhacheva” (+4,4%), JSC “Asha metallurgical plant” (+3,8%), Lenenergo (+3.8 per cent).
Cheaper paper “Buryatzoloto” (-3,9%), “Dixi Group” (-3,5%), JSC “far Eastern shipping company” (-3,5%), IDGC of Siberia (-3,1%).
The total volume of shares traded on the main market of the Moscow stock exchange for the day totaled 76,164 billion rubles (27,335 billion roubles had on ordinary shares).