The price of oil has provided the growth of Russian shares on Monday
The Russian stock market amid improving external factors and rising oil prices has all the necessary prerequisites for active growth. Oil prices rose more than 1 percent on Monday after major exporter Saudi Arabia announced the reduction proposals in December, which was probably aimed at halting recession in the market, which since early October has decreased by 20 percent. Saudi Arabia plans to cut oil supplies to the world markets by 0.5 million barrels per day (bpd) in December, said the Minister of energy on Sunday, because the power of OPEC no questionable prospects to get other manufacturers to agree to a coordinated output.
Khalid al-falih told reporters that the category of clients Saudi Aramco will fall by 500 000 barrels per day in December versus November due to the seasonal lower demand. The decrease represents the reduction of world oil supplies by about 0.5%. Saudi Arabia is the de facto leader of the Organization of countries-exporters of oil (OPEC). You should pay attention to such action as: “Rosneft”, “Tatneft”, “Gazprom Neft”, “LUKOIL” and “Bashneft”. These companies have good growth potential amid rising oil prices. In General the start of the trading week for the Russian stock market is quite optimistic.
The us stock market at the end of trading session closed in the red zone against the background of fixing of profit by major market participants in almost all sectors. Investors focus on retailers as the growth in wages. The best performers of the session on industrial tool Dow Jones was the Walt Disney Company (NYSE: DIS), which rose by 1.72% or 2.00 points to trade at 118.00 at the closing. Meanwhile, Procter & Gamble Company (NYSE: PG) has added 1,15% or 1.05 points to end at the level of 92,41, and Pfizer Inc (NYSE: PFE) rose by 0.98% or 0.43% to 44.28 at the end of the auction. Disney closed the year 2018, with record results.
The Ghost of the dying cable subscribers have long pursued Disney (NYSE: DIS), and the paradigm change in media landscape has given investors turn to pause. With the acquisition of assets from “the Twenty-first century Fox” (NASDAQ: FOX) (NASDAQ: FOXA) are largely tracked by investors are increasingly turning their attention to the future.
One of the areas that attracts the imagination of the shareholders, is the potential offered by the emergence of video streaming, the area where the House of Mouse strives to make a name for himself. When Disney announced financial results for the fiscal year in the fourth quarter and for the full year, the company provided reliable results to your old companies, offering a perspective for the future. Disney reported revenues in the amount of 14.31 billion. USA, 12% more than last year. Investors will actively take part in buying shares in this company with good prospects for the future.
“International Financial Center”