OREANDA-NEWS. February 15, 2011. The trade week began calmly against the neutral foreign background. No important stats came out today; the oil quotes were low volatile, which defined the inexpressive dynamics at the market. Shares of metallurgy workers (NLMC, CMC) looked a bit better than the market. Drop was mainly on the shares of Gazprom.

Market tomorrow. Tomorrow trades promise to be low active – no important stats is expected. However, the Russian shares can only be moved by the oil market in case of radical change of the conjuncture.

Bonds

Market today. The beginning of the new week did not bring changes to the domestic market. The volume of trades and dynamics upwards preserved. The most liquid issues were following: Vimpelcom-7, Promsvyazbank-6, MB-3, LSR-2, Alliance MB-1, Kamaz MB-2, Sibmetinvest-2, and Evrohim-2. On contrary, the prices of the Russian Eurobonds stayed at Friday close levels. Price of Russia-30 by the end of trades in Russia formed 114.78% of the nominal (-3 b.p.).

Market tomorrow. Climbing oil evidently will be supporting growth of the ruble market. The currency market of Russian bonds might be affected by the output macrostats on the U.S. and EU.