The Russian stock market began to rise in the background activity of investors in the electricity sector

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The Russian stock market began a positive growth of investor activity in the electricity sector. Throughout the year, the Russian Government discussed the issue of investments in the sector. In particular, popular among the investors were shares of the company “inter RAO UES JSC”. With the opening of the market the securities of the company rose nearly 1% and have excellent long-term potential growth to price levels 4000,00 per share in the short term. In the long-term value of the securities will be traded above 4500.00 in the first half of 2019.
Short-term capital outflow from oil and gas sector allows investors to diversify their portfolios by investing in less risky sectors. But about the oil and gas market forget still not worth it. A meeting of OPEC and OPEC+ 6 December in Vienna will finally take decisions in terms of reducing oil production to stabilize oil prices.
In a significant oversold of the market price of oil needs to be recovered, since the low prices are not beneficial to the exporting countries. So the date is quite close and worth keeping “abreast” and closely monitor oil and gas companies: “Gazprom”, “Gazprom Neft”, “Rosneft”, “Tatneft”, “Bashneft” and “LUKOIL”. In General, the Russian stock market, gives us significant hope for a good growth until the end of the week.
Wall street is again under pressure from the technology sector. Weak earnings from retailers, including Target and Kohl, as well as the fall in the share of energy resources has caused concern among investors. Shares of Target Corp (N: TGT) fell by 10.28% after the profit of the third quarter of retailers missed analyst estimates, as investment in its online business, higher wages and lower prices is damaging. Department store operator Kohl’s Corp (N: KSS) lost 9,42% after its annual profit forecast fell below expectations.
Warnings from retailers were encouraged to exercise caution in anticipation of the holiday season, increasing pressure on the stock, as investors worried about slowing global growth, the peak in corporate earnings and rising interest rates. Shares of Apple Inc (O: AAPL) was down 3,80% amid concerns over slowing demand for the iPhone. Clearly the market has faced some headwinds. We have rising rates, strong dollar, concerns about tariffs between the US and China, and we have oil clearance.
Network of housing improvement Lowe’s Cos Inc (N: LOW) fell by 4.76% after it announced further plans to restructure the face of the expected comparable sales than expected. TJX Cos Inc (N: TJX) decreased by 3.4% after revenue forecast quarterly quarter retailer fell substantially below the estimates. Smaller rival Ross Stores (O: ROST) fell by 6.94%, as it forecast in the fourth quarter for sales in the same store was below analysts ‘ expectations. As a rule, after such sales, the stock market may again begin rising since the infusion of capital will occur as investors begin to seek out too oversold stocks on the background of General panic.
Gaidar Hasanov
“International Financial Center”