Russian stock market was down, playing it Evtushenkova – RIA Novosti

Russian stock market was down, playing it Evtushenkova – RIA Novosti

MOSCOW, Sept. 17 – RIA Novosti, Dmitry Mayorov. The Russian stock market to close trading down by 1-1.9% in the indices on the background of the main charge to the owner of AFK “Sistema” Vladimir Evtushenko.

The MICEX index fell by 1.89 days% to 1449.37 points and the RTS – by 0.99% to 1190.10 points, according to the Moscow stock exchange.

Day Evtushenkova

The Russian stock market for the trading environment showed a downward trend. Due to the negative background appeared Tuesday evening news of indictments Yevtushenkov money laundering and his house arrest.

Against this background, the major assets of AFK “Sistema” – mobile operator MTS and “Bashneft” – to the closing session of the lost capitalization of 7.4% and 20.6%, respectively. Paper itself “The System” fell on 36,9%.

Moscow stock exchange for half an hour translating trading shares “Bashneft” and AFK “System” in the special regime – discrete auction – to pay off a panic among the players.

On the background of the events surrounding Evtushenkova and “systems” many large brokerage houses (UBS, “VTB Capital”) have suspended our coverage of the holding and its “daughters” by removing recommendations thereon.

In the same time, banks’ shares reacted positively to the decision of the Central Bank of the Russian Federation on the launch of the players currency liquidity through currency swaps. Sberbank is against this background grew by 1.4%, VTB – by 0,4%.

the oil market some support for the decision of the Central Bank of China had to start a large-scale program to support national banks worth $ 81 billion, said Vasily Tanurcov of IR “Veles Capital”.

Forecasts and recommendations

After the close of trading in Russia will be published the results of the meeting of Federal Reserve. It is expected that once again will be reduced bond buyback program – from 25 to 15 billion dollars a month.

There is a possibility that the Fed is more accurately mark the time of normalization of monetary policy. This may be the reason for the further strengthening of the dollar and reduce the global stock markets, says Tanurcov.

The MICEX Index is reduced within a range 1480-1440 points, stated Alex Malikov of IR “Trade Portal”.

“This attack was made by sellers on its bottom border. Nevertheless, on the day the index kept this support. thus continues to consolidate in the above range,” – he said.

The analyst does not exclude that the MICEX index will come out of this range after the announcement of the outcome of the Fed meeting.