Stock indices emerging markets by results on February 24, 2011
25.02.11 19:05
/IRBIS, February 25, 2011/ - Following the results of the auctions on
February 24, 2011, Value of indexes of share platforms of developing
countries (Emerging Markets) has made:
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Trend (in %) for
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Feb. 24, 2011 from the History max.**
a day* a month beginning
of 2010
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RTS 1,901.14 +2.00 +2.03 +7.39 2,487.92
MICEX 1,715.20 +0.84 -0.06 +1.61 1,969.91
Bovespa 66,948.99 +0.06 -3.57 -3.40 73,516.82
MerVal 3,382.71 -1.35 -6.16 -4.00 3,664.82
BSE Sensex 17,632.41 -3.00 -7.05 -14.03 20,893.57
PFTS 1,077.48 -3.83 +1.47 +10.50 1,208.61
MSCI EM 1,087.10 -0.81 -4.30 -5.58 1,338.49
KASE 1,801.84 +0.49 +0.37 +4.87 2,876.17
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** rows sorted in descending order a day
** historic maximum for the whole history of index calculation
Stock indices of emerging markets on Thursday finished the day opposite
changes. Pressure continued to the situation in Libya, where the current head
of state Mr. Muammar al-Qaddafi is still trying to keep control in their hands,
although recent reports of world news agencies indicate a rapid loss of
influence of Colonel on the situation in the country. Recall the bulk of oil
production, Libya exported to Europe. The share of Italy's total oil exports
amounted to 32% -14% in Germany, France - 10%, Asian - 13%, China - 10%,
USA - 5%. Investors also fear that a wave of Arab revolution may spread and
Saudi Arabia, which is one of the largest suppliers of oil to world markets.
Crude oil production by Saudi Arabia in January 2011 totaled 8.4 million barrels
per day, representing 9.4% of all world oil production. King Abdullah Bin Abdul
Aziz Al-Saud, going on ahead, had already announced an increase in
measures of social support, whose size will be about $ 36 billion, in particular,
involves the growth of salaries of civil servants by 15%, which is to cover
inflation. In addition, the king promised to defer payments on loans the debtors
who are in prison, as well as to help students and the unemployed.
On the other side of nervousness in the markets has been somewhat
neutralized by the statements of the authorities of Saudi Arabia, the United
States, as well as the International Energy Agency that there are sufficient
reserves to make up for any supply disruptions related to the situation in Libya.
Washington has already announced that the U.S. and the world community will
take action if the events happen in a serious violation of Libya's oil supply. In
addition, the IEA also assured that working closely with members of OPEC who
want to use oil-free power. For its part, Saudi Arabia also said it has the
opportunity to make up for any shortage of supply of Libyan oil and is actively
negotiating with the European refineries.
Another factor of pressure on U.S. and European markets was the statement
by the Federal Reserve Bank of Philadelphia President Charles Plosser, who
said the Fed may terminate the repurchase program of government bonds by
$600 billion, announced in November 2010, when U.S. consumer prices start to
rise more actively
50 stocks that are traded on the stock. commodity and futures exchanges in Sao
Paulo. The index is calculated on the basis of changes in the theoretical
portfolio of shares. Constituting 80% of the total trade over the past 12 months
and at least 80% of the volume of trades of the day.
BSE Sensex - the index based on a weighted average of the 30 most liquid
stocks listed on the Bombay Stock Exchange (BSE).
MERVAL Index - main index of the Buenos Aires stock market. calculated as the
weighted average market value of a stock portfolio. selected according to their
market share. number of transactions and value.
PFTS Index - the index is calculated daily on the results of bidding Ukrainian
PFTS stock exchange on the basis of weighted average price of transactions. The
"index basket includes the most liquid stocks. which performed the greatest
number of transactions.
MICEX Ind - main index of the Moscow Interbank Currency Exchange. including
the 30 most liquid stocks of Russian issuers.
RTSI - Russia's stock market index Stock Exchange RTS. Calculated on the basis
of 50 securities of most capitalized Russian companies.
MSCI EM - a composite index of stock market capitalization of emerging markets
areas. Since May 2005. includes the index values 26 developing countries:
Argentina. Brazil. Chile. China. Colombia. Czech Republic. Hungary. Egypt. India.
Indonesia. Israel. Jordan. Korea. Malaysia. Mexico. Morocco. Pakistan. Peru.
Philippines. Poland. Russia. South Africa. Thailand. Taiwan. Turkey and
Venezuela.
KASE Index - the index of the market shares of the Kazakhstan Stock Exchange.
In a representative list of KASE index includes 7 shares.
[2011-02-25]