[Download] ~ FINAM - Daily Market Watch - Oct 12, 2009 " by ADP News Middle East & Africa ~ Book PDF Kindle ePub Free

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eBook details

• Title: FINAM - Daily Market Watch - Oct 12, 2009
• Author : ADP News Middle East & Africa
• Release Date : January 12, 2009
• Genre: Economics,Books,Business & Personal Finance,Reference,
• Pages : * pages
• Size : 60 KB

Description

Market Roundup Domestic equity benchmarks staged a show of strength again on Friday, setting more YTD highs on rising oil prices and robust performances on Western stock markets, with the RTS Index advancing 2.78% and the MICEX Index adding 2.32%. Rallying crude prices acted as the key upside driver for O&G names, with Gazprom gaining 1.6%, Rosneft surging 4.5% and Lukoil soaring 6.2%. Banking names also saw robust demand, as Sberbank advanced 3.2% and Bank VTB shot up 6%. Unexpectedly, steel issuers underperformed, with MMK slipping 2.2%, NLMK shedding 2.3% and Severstal edging down 0.1%. US trading floors closed the week in positive territory, as the Dow added 0.8%.

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