08 June 2009, Monday, 12:16

Stock exchange market demonstrates positive dynamics

author: Ravil Ramazanov

All stock exchange and financial markets were found under the influence of growing up oil prices last week. Oil prices grew up to 67 dollars per barrel – the highest index for the last five months.

On Tuesday by the end of the working day the index of RTS has grown up 1178 points and MICEX index reached 1200 – the highest indices, observed in Russian markets for the last seven months. All that happened on the background of oil, which was becoming more and more expensive, and strengthening of Russian ruble with respect to US dollar and euro.

But after oil prices had dropped to 66 dollars per one barrel, the indices in the stock exchange markets started dropping again on Wednesday. RTS index dropped 4% and MICEX even more – 7,5%. Further rise of oil prices managed to stabilize Russian stock exchange market again. On Friday the situation went on becoming better. By the end of the week RTS index has grown up to 1150 points and MICEX reached 1144 points.

Shares of Bashkir issuers faced rather stable demand during the whole week. Unfortunately, transactions with shares of JSC “BASHINFORMSVYAZ” were stopped again. Shares of JSC “BASHNEFT” weren’t either sold or purchased. Transactions with ordinary shares of JSC “BASHKIRNEFTEPRODUCT” and JSC “URALSIB” went on and deals with shares of JSC “BASHKIRENERGO” were resumed after a two-week break. No deals were registered with shares of mining-metallurgical and defense enterprises of Bashkortostan.

Shares of JSC “NOVOIL” were actively sold out. One ordinary share cost 0,80 USD and one week before the price was 0,78 USD. Privileged shares of this issuer were on sale at 0,25 USD per one share.

Several transactions were registered with shares of JSC “UFANEFTEHIM”. Shares of JSC “UFANEFTEORGSINTEZ” faced stable demand. Ordinary share were sold out at 3,5 dollars and privileged ones – at 0,76 dollars per one share.