Reports » Russia
Russian stock market daily morning report (January 26, 2012, Thursday)
By Veles Capital
Today the Russian markets likely open with upping. U.S. FED kept the base rate at the former level, having added that company has no plans to change it till 2014. So, the foreign grounds reacted with growth, and given growth likely is to involve the Russian shares.
Main events
2011 operation results of Mosenergo.Mosenergo summed up the results of the production activity in 2011. Power energy output lowered 0.5% y/y, output of power energy lowered versus similar estimate of the previous year by 4.9%. Reduction of estimates of power energy output and heat output provided by higher temperatures of outside air in 4Q 2011 versus 4Q 2010.
News briefly
Ferrous metallurgy: MEPS flat rolled metal will add 25% of price.Ferrous metallurgy: BHP Billiton lowered prices on coking coal in 1Q 2012 by 7%.
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