Hello everybody! Cannon growth in the markets continues. Why?? About this and about the portfolio IIS today in #diaryIIS Like!
From the world of investment From the world of investment
Ends this week report season from Russian companies. AFC Sistema reported, Aeroflot, Gazprom, LRS, PEAK. Compared to last year, then obviously, that the results of all Russian companies are better. Furthermore, many companies have improved their results compared to 2019 year. Inflation and rising prices for many goods played a significant role in this.. As a result, we see the growth of the Moscow Exchange index, which closed at an all-time high, breaking through the mark in 4 000 points.
In turn, the exchange itself is developing, adding new foreign shares to the quotation list. Among them Robinhood, MSCI, Pinterest, JPMorgan Chase, Beyond Meat и TSMC. Taking into account these new securities, the number of foreign shares on the Moscow Exchange, quoted in rubles reached 281. Another driver of growth in commission fees for the exchange.
There are also news from commodity markets: OPEC + countries agreed to increase oil production in October by 400 thousand. barrels per day, keeping the plan for monthly production increase. At the same time, in July, the reduction in production was 110% from the planned, ie. even more, than you need. Therefore, an overabundance of oil is not yet visible, and Brent quotes remain at a consistently high level above 70$ per barrel.
In the near future, there may be positive news for X5 Retail Group. On the one side, The Ministry of Finance of the Russian Federation does not plan to renegotiate the tax agreement with the Netherlands yet, but on the other, "With separate exceptions for public companies with a large share of retail investors". Highlighted the quote from Deputy Finance Minister Alexei Sazanov. Ie. quite possible, what will make an exception for X5 Retail Group, because. it just fits Sazanov's wording. It means, that you don't have to pay double taxes on dividends.
In a word, one positive in the market this week, therefore, the Moscow Exchange index is growing by 2,94% and reaches historical significance in 4 001,7 P.! It would seem that, most recently, namely 7 november 2019 G. It was 3 000. Less, than for 2 year growth in 33,3%, Not bad. But take a look at my portfolio and see more growth this week and all time.. For the week, the growth was the notorious 3,33%.
Generally, on the arena are the same - Nizhnekamskneftekhim, Inter RAO, Raspadskaya - continue to grow for the same reasons. Described in more detail in previous blogs. IIS. These companies do a lot to make my portfolio profitable in recent weeks.
Alrosa is added to them this time (+8,2%) on dividend news, which will make up 8,79 rub. per share only for 1 half a year 2021 G., but there will still be ha 2 half a year. The yield comes out very decent, and the cumulative dividends will double the payments for 2019 year.
Falling stocks include Severstal and X5 Retal Group. Severstal falls purely technically on dividend cut-off, what does it mean that payments will come to accounts soon. NLMK will have the same gap in shares on Monday. Why X5 Retal Group falls again is not clear, kind of good news came this week. I will look in the future, how will it behave stock.
This is how the first autumn week pleased us. Although I am not particularly happy with such a rapid growth of markets, because there is nothing to buy. How do you react to such strong growth?, do you buy shares? Write in the comments and don't forget to like the post!
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