The Russian stock market remains near its November highs

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The Russian stock market is trading quite positively. After the update on Monday November local maxima tries not to depart from the data vertices. The correction is expected to be insignificant to the power of speculative operations of market participants. Positive the market gives the shares of Russian grids (MCX: RSTI) is expected to rise may continue for another +2.3 percent.
Also pay attention to the shares of OGK-2 (MCX: OGKB), the potential growth could reach 1.2%, FSK (MCX: FEES) may continue the increase of 0.5%. Aeroflot (MCX: AFLT) will continue to rise by +1.7%, and TransContainer (MCX: TRCN) can add +1.6 percent. Paper Raspadskaya (MCX: RASP) in the short term will rise by +1.3% and ALROSA (MCX: ALRS) after a slightly correction may grow by +1,8%. Despite record production in the US, oil prices did not react strongly.
Volatility could be associated with active actions of small and medium speculators. Overall the market is stable and it also has a positive for the national currency. Major market participants since the beginning of the new year actively forming investment portfolios because each individual company sets the goals and development strategy for the coming year. But past achievements are the basis for adequate decision-making when creating investor investment portfolios.
Wall street once again showed excellent growth dynamics in all major stock indices. US shares rose in after-hours on Wednesday, as growth in the sectors of Finance, basic materials and utilities have led to growth stocks.
At the close of the NYSE, the Dow Jones Industrial Average rose 0.59% to new 1-month high, while the S&P 500 added 0.22 percent and the NASDAQ Composite index added 0.15 percent. The best players in the session, the Dow Jones Industrial Average was Goldman Sachs Group Inc (NYSE: GS), which rose by 9.54%, or 17.17 points, trading at close at 197.08. Meanwhile, UnitedHealth Group Incorporated (NYSE: UNH) gained 1.79 per cent or 4.59 points to 261,46, and American Express Company (NYSE: AXP) rose by 1.45% or 1.42 points to 99,41 at the end of the auction. Bank of America (NYSE: BAC) and Goldman Sachs (NYSE: GS) presented the fourth quarter results that beat both top and bottom lines, with the result that their shares increased by 7.2% and 9.6%, respectively.
Financial performance also increased due to the growth of BlackRock Inc (NYSE: BLK), despite the fact that reporting on income and revenue did not meet estimates. Other news on income showed that the profit United Continental (NASDAQ: UAL) is higher than expected, released Tuesday after the close of markets, lifted its shares more than 6%. American Airlines Group (NASDAQ: AAL) and Southwest Airlines (NYSE: LUV) also finished the day higher.
Meanwhile, a dark background for the retailers continued to reduce performance: shares of Nordstrom (NYSE: JWN) fell by 4.8% after the company reported weak sales growth. Investor activity in the season of reports allows you to create investment portfolios with minimal risk.
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Gaidar Hasanov
Expert
“International financial center”