OREANDA-NEWS. September 24, 2010. Veles Capital released daily market review:

Market today. Slight activation was indicated at the market; however, the trades still lack global ideas. Totally the market was slipping insignificantly due to reduction in Europe. Rapid price growth was on the notes of AvtoVAZ (+23% on the common shares). No important news on the company was indicated, same as before.

Market tomorrow. Unlikely high volatility will be indicated on Friday. Friday usually is a calmer day versus the other days of the week. Besides, there still are no reference points for the market.

Bonds

Market today. On Thursday single deals still were prevailing at the Russian bond market. Increased demand was for the following notes: Severstal MB-2, -4, Rosselhozbank-8, -9, -10, -11, -3, Moscow-62. Slight activation was on the segment of Eurobonds, where we might outline Promsvyazbank-11, Gazprombank-15, Alfabank-17. Price of Russia 30 loan varied within the range of 118.43%-118.76% of the nominal value.