Reports » Russia

Russian stock market daily morning report (January 14, 2013, Monday)

Contributed by Veles Capital

Start of the corporate report season in the U.S. might be one of the positive factors for the further growth at the global markets. On the threshold of the corporate reports output the global markets will not be showing a single trade dynamics..

Main events

Akron output IAS financial results for 9 months of 2012.

Company put out positive results - its net profit grew 13%. We expect production volumes to grow in 2013. Despite a slight price slide for the main types of fertilizers in 4Q of 2012, 1Q 2013 targets still are optimistic.