Stock indices of emerging markets by results of July 25, 2011

/IRBIS, July 26, 2011/ -Following the results of the auctions on July 25, 2011, value of indexes of share platforms of developing countries (Emerging Markets) has made: ------------------------------------------------------- Change (in %) for ------------------------ beginning Hist. July 25 1 day* 1 month of 2011 maximum** ---------- --------- ------ ------- --------- --------- BSE Sensex 18,871.29 +0.80 +3.46 -8.22 20,893.57 RTS 1,979.54 +0.14 +6.60 +9.84 2,487.92 MICEX 1,726.93 -0.11 +5.69 +0.76 1,969.91 PFTS 909.77 -0.13 +1.92 -7.90 1,208.61 Bovespa 59,970.54 -0.50 -1.71 -14.28 73,516.82 MerVal 3,330.88 -0.76 +1.32 -8.20 3,664.82 MSCI EM 1,148.18 -0.43 +2.91 -1.32 1,338.49 KASE 1,526.06 -1.45 -1.20 -10.30 2,876.17 ------------------------------------------------------- * rows sorted in descending order a day ** historic maximum for the whole history of index calculation Indices of stock markets of developing countries on Monday demonstrated a decrease mainly on news from the U.S. and Europe. Recall, pressure was about reports that U.S. President Barack Obama could not reach a consensus with the Congress to enhance the limit of public debt of the country. As reported at the weekend Barack Obama and members of Congress held a meeting, which ended without result. At this meeting was discussed the issue of increasing the national debt limit of the country, but a common opinion between the White House and Congress has not been reached. Mr. Obama noted that short-term debt ceiling increase would result in a decrease in credit ratings of the United States. He also asked to explain what action Congress intended to take to prevent the occurrence of technical default August 2. However, Republican Congressman John Beyner refused to continue the negotiation process, stating that they no longer needed the advice of the president. Recall, the Republicans insist on a sharp reduction of budget expenditures, while the White House promotes policies to increase taxes for wealthy Americans. Also, a negative impact on the bidding had the report that the international rating agency Moody's downgraded the ratings of state bonds in Greece in the local and foreign currencies at once on three steps to Caa1 from Ca. As stated by Moody's, announced by the EU program of financial aid to Athens, as well as proposals for the exchange of bonds of the leading financial institutions bear significant economic risks for the owners of Greek government bonds. The agency indicated that the proposed exchange of Greek music would be classified as "forced exchange", in fact as a default. Bovespa (IBOV Index) - the index of 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, a representative list of KASE index includes 7 shares, [2011-07-26]