The Russian stock market has steadily strengthened against the background of growth of large companies

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The Russian stock market is steadily growing against the background of growth of large companies as well as the overall positive external situation. We need to understand that the impact on the indices provide market participants buying and selling shares of companies. The demand for less risky assets will prevail at least until there is no clear picture about the oil and gas sector.
Minister of state Nigeria’s oil resources, the IBE Cacique and his colleague from Saudi Arabia Khalid al-falih said that stability in oil prices is a priority before the scheduled December 6 meeting of the Organization of countries-exporters of oil (OPEC). Saudi Arabia seeks to reduce production by 1 million to 1.4 million barrels per day (bpd) in order to avoid oversupply. It is expected that the OPEC meeting will decide in the next six months. Iran and China have decided the issue of oil payments.
Next week, China will start the import of oil from Iran and the payment will be made within one month. Washington has provided Beijing’s denial of sanctions so he could continue crude oil imports about 360,000 barrels per day from Iran. You should pay attention to the following paper, which until the end of the week will be relevant for investors: Norilsk Nickel (GMKN), the expected increase of +1.6%, NOVATEK (MCX: NVTK), the potential growth of +2.1%, VTB (MCX: VTBR) may continue to rise by +1.2%), FIVE-GDR (FIVE) the growth potential of +1.2%.
Wall Street got a dose of optimism from market participants after the speech the Federal reserve Chairman Jerome Powella, who said that US interest rates are at a neutral level. Earlier in the day, in its first report on financial stability, the fed warned that trade tensions, Brexit and problematic emerging markets can pose to the financial system of the United States, where asset prices “increased”. So the howling caused by the increased interest in risky stock.
Of the 11 major sectors in the S&P 500 all except utilities (SPLRCU) were positive. Technology (SPLRCT) and consumer (SPLRCD) each of which exceeded 3%. Insurance company Humana Inc (N: HUM) cut its forecast for the year 2019 concerning the application to pay for the drug Medicare, but raised its estimate of Medicare Advantage plan company. Its shares ended the session up 6.2%. Company Salesforce.com Inc (N: CRM) evaluates the profit and expects an income in excess of the expected income in 2020, and is 10.3%. In the news, there were other software vendors for cloud computing: the index of the ISE cloud (CPQ) rose 3.5%.
Microsoft Corp (O: MSFT) for a short time surpassed Apple Inc (O: AAPL) in the market, but Apple regained the lead at the end of the session. However, Microsoft closed 4% higher, as increased demand for cloud computing services. The worst way closed stock Tiffany & Co (N: TIF) tumbled 11.8% after the luxury retailer missed quarterly sales estimates on slowing demand from China.
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Gaidar Hasanov
Expert
“International financial center”