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CNBC: Russian Markets -- Factors To Watch On March 19

posted by eagle on March, 2009 as ANALYSIS / OPINION


Russian markets -- Factors to Watch on March 19
By: AFX | 19 Mar 2009 | 03:41 AM ET

MOSCOW, March 19 (Reuters) - Here are events and news stories that could move Russian markets today. You can reach us on: +7 495 775 1242 STOCKS CALL (Contributions to moscow.newsroom@reuters.com): Uralsib: Today, we expect the Russian market to rally at the opening, as the Fed's actions boosted futures on WTI, which closed slightly below $50/bbl, which should have a positive effect on the Russian market. Troika Dialog: We are opening our prices up 1.5 percent following the trend on international markets. EVENTS (All times GMT): MOSCOW- Russia's government is expected to consider revised 2009 budget and new anti-crisis plan MOSCOW- X5 Retail Group, Russia's largest food retailer by revenue, to hold a press conference on the new strategy of its low-price Pyaterochka chain IN THE PAPERS: Vedomosti daily said French bank BNP Paribas froze $60 million on accounts of the Russian miner Mechel's sibsidiary. The newspaper quoted Mechel's letter to the bank. Vedomosti also said 40 percent of holders of bonds issued by troubled airline S7, the main domestic rival to Russia's flag carrier Aeroflot, agreed to restructure the firm's debt. TOP STORIES IN RUSSIA AND THE CIS: COMPANIES/MARKETS: * Telenor confident as Alfa bows to U.S. court * Wimm-Bill-Dann posts $7.9 mln Q4 net loss * Russia Novatek net rises in '08 * Sberbank sees 09 profit even in worst scenario * Magna, GE to build factories, GE delays JV * Sberbank extends gains on capital hopes * Polymetal approves share capital increase * TNK-BP appoints two senior foreign executive * Mirland slashes NAV, posts 2008 loss * VTB signs $240 mln loan from China's Exim Bank * Russian Railways raises $500 mln from Barclays * City of Moscow places 5.6 bln roubles bond * VTB mulls Russian debut on sukuk market ECONOMY/POLITICS: * Russian Economy Ministry's forecasts for 200 * Slump hitting finances of Chechnya * Russians buy less foreign currency in Jan * Russia CPI up 0.2 pct in week to March 16 * Russia's planned 2009 anti-crisis measures * Crisis biggest challenge since Cold War ENERGY: * Rusneftehim buys Russia's Vitino oil terminal COMMODITIES: * Trade union appeals ArcelorMittal coal cut * Russia govt buys 84,780 T grain MARKETS CLOSE/LATEST: RTS 650.6 -2.3 pct MSCI Russia 396.8 -3.0 pct MSCI Emerging Markets 552.6 +1.6 pct Russia 30-year Eurobond yield: 8.742/8.500 pct EMBI+ Russia 596 basis points over Rouble/dollar 34.5318 Rouble/euro 44.7400 NYMEX crude $48.85 +$0.71 ICE Brent crude $48.40 +$0.74 For Russian company news, double click on Treasury news Corporate debt Russian stocks Russia country guide All Russian news Scrolling stocks news Emerging markets top news Top deals European companies Keywords: RUSSIA FACTORS/ COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

http://www.cnbc.com/id/29768522


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