The growth leaders may be the shares of banks and the oil and gas sector


Market on the eve

The week ended with growth. The Moscow Exchange Index almost reached its all-time high. The growth leaders on the back of corporate news were the shares of Raspadskaya (RASP 231.86, + 15.93%). The leaders of the decline were shares of M.video (MVID 689.7, -1.47%). The USD / RUB pair was trading in the range of 75.50-76.50.

Market and company news

Etalon Group (ETLN 127.86, + 2.60%) is to publish operating results for the first quarter. The volume of issued mortgage loans is expected to decline by 40% qoq. This is a lot even against the background of a high base and a seasonal factor. Sales volume is projected at RUB 25 billion. with an increase in the average price per “square” up to 168 thousand rubles. The latter compensates for the negative from the decline in sales in physical terms. In the second quarter, according to experts, the demand for mortgages will increase due to the powerful influence of the deferred effect, and the rise in prices will stimulate sales.

Trading Ideas

LUKOIL (LOKOH 6,062.5, + 0.13%), spec. purchase, purpose: 6,700 rubles. The company’s shares lagged behind the quotes of securities of other representatives of the oil and gas sector in terms of growth rates. An additional positive driver is the rise in oil prices and the approaching season of active road transport.

Expectations

We expect multidirectional dynamics. The USD / RUB pair will trade within 76.00-77.00. The benchmark for the Moscow Exchange index: a range of 3600-3650 points. The growth leaders may be the shares of banks and the oil and gas sector.

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