The Russian stock market continues to update the historical highs

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The Russian stock market continues to update historical highs. As can be seen from the current situation, external geopolitical factors are ignored by larger market participants. This also contributes to the relative stability of oil prices. A significant contribution to the growth of the major Russian stock indexes has made the banking sector. Shares of “Sberbank” after falling, began correctional movement upwards as a technical pullback, and due to the influx of capital in these securities on the background of strengthening of the national currency. Therefore, until the end of the week of the “savings” can easily reach $ 200.00 rubles.
The company “NOVATEK” will interest the investors, because the company will cooperate with China national petroleum Corporation. The subject of cooperation will be the volume of supply of liquefied natural gas not only in China but also in other countries in the Asia-Pacific region.
Shares of the company “NOVATEK” have growth potential up to 1200,00 rubles per share. The oil and gas sector also remains a focus of investor attention. Over the past few months, oil prices traded mostly below $ 80. The US, fearing that between the US and China may experience problems with the trade, which could choke global demand. However, there remain concerns that delivery may be delayed as the November deadline for U.S. sanctions against Iranian oil approaches.
Investors are also turning their attention to OPEC’s meeting on Sunday with the allies for the clue, will lead the group to increase production capacity after President Donald trump called on the cartel to curb prices. Oil and gas exporting companies will be interested in large market participants and shares of the companies “Gazprom”, “Rosneft”, “Tatneft” will continue the upward trend.
Us stock indices all clearly closed in the green zone due to the full growth of stock companies in almost all sectors. Investors interested in the shares of the company “Microsoft”. The company launched a series of tools of artificial intelligence (AI) designed to help companies improve their customer service, marketing and production processes. New services that will be available through cloud-based software products Dynamics 365 the company will become part of Microsoft strategy to make its products more competitive with the possibilities of AI Premium Salesforce.com Inc. (CRM).
The company’s shares could rise to $115,00 in the short term. The company Tesla (NASDAQ: TSLA) Inc. can raise funds immediately this year, as the company Elon Musk is ramping up production and preparing for the repayment of debt. The company, whose shares fell 25% over the past six weeks in connection with a series of disputes, in the fourth quarter could attract $ 2.5 billion in equity from investors who have a strategic interest in its business model. Musk has repeatedly stated that Tesla does not need capital raising, because the finances of the electric car improve.
Musk said last month that it expects the company will generate positive free cash flow in the second half of this year and will be consistently profitable for the first time in its 15-year history. He also said that it expects to use cash flow to repay the convertible debt in the amount of $ 900 million at the beginning of next year. The paper company also bought up from the level of $250.00 per share.
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Gaidar Hasanov
Expert
“International financial center”