The Russian stock market demonstrated a positive trend for several days

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The Russian stock market demonstrated a positive trend for several days. Many companies due to good future prospects interested investors, which partially leaving the oil and gas sector invested in less risky assets. This was evident in the following companies: Sberbank Pref (MCX:SBER_p) has growth potential for another +1.4%, LUKOIL (MCX:LKOH RM), expect continuation of growth of quotations at +1.6%, NOVATEK (MCX:NVTK RM), may increase by +0.7%, MTS (MCX:MTSS), is expected to rise by +1.3%.
In this case the oil quotes have a chance to re-start growth. It is likely that the Organization of countries-exporters of oil (OPEC) may consider reducing production in 2019, to prevent the return of the global oversupply. The introduction of US sanctions against Iran did not affect the market, given that eight countries, including the three largest importers in the world, will receive a refusal to continue buying Iranian oil for up to six months.
The US President Donald trump said at a press conference on Wednesday that the fragile oil market is a key reason he decided to withdraw from eight countries, including China, India and Turkey to allow them to continue to buy Iranian oil. You should pay attention to companies: Rosneft, Gazprom, Tatneft, Bashneft paper which on the background of growth of oil prices could increase by at least 1%.
The us stock market has shown excellent growth in almost all sectors. Wall street grew by 2.13% on Wednesday, led by technology and Industrials, as investors breathed a sigh of relief after the election in the medium term in the US and made a bet that a divided Congress is good news for the stock. The Democrats won control of the House of representatives on Tuesday, and the Republican party of President Donald trump expanded their majority in the Senate, putting the likelihood of political stalemate in Washington. The biggest increase in the S & P came from the tech sector S & P and health-care stocks, and both indices increased by 2.9%.
The consumer discretionary sector rose 3.1%, helped by an increase Amazon.com (NASDAQ: AMZN) is 6.9%. Amazon has provided the greatest impetus for the S & P 500. CBOE volatility index, the most widely used indicator of expected short-term fluctuations for the S & P 500, completed the decline of 3.55 item to 16.36, which is the lowest figure for a month. While a divided Congress will make it more difficult for President Donald Trump with the promotion of new legislation, such as additional tax cuts, investors do not expect the elimination of tax cuts and deregulation that have already been taken under trump.
Investors also will monitor the company Tesla Inc (O: TSLA) as the company Robin Dangol will replace Ilona Mska. In General, the us stock market will again seek to update the historical high.
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Gaidar Hasanov
Expert
“International Financial Center”