Tuesday, June 2, 2009

VTB 24 (JSC): The confidence of investors in an early restoration of economic growth strong. Stock indices reached new peaks

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The confidence of investors in an early restoration of economic growth strong. Stock indices reached new peaks



U.S. stock indexes updated their local maxima, adding during the last trading session of more than 2.5%. This growth occurred across the spectrum of securities, except for banks and traditional defense


Speculators also prefer to concentrate in the most liquid securities of commodity-exporting companies, as well as banks. In doing so, the bank "chips"



considered as a concentrated expression of the Russian economy as a whole, as well as the main beneficiaries of a 10% case the ruble over the past 3 months. We continue to recommend no hurry to fix the profit on the open long positions, expecting a continuation of the rising trend.



Those who only enters the market, we recommend that you draw attention to the paper Gazprom, Lukoil, MTS and FGC.

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