ETF - RSX

Investor sentiment on RSX is
87% Bullish and 13% Bearish
http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=rsx

Investor sentiment on RSX from ITInvest
70% RTS long – IT Invest forum gurus.. (52 vs 22).

Sector RSX
Industrial Materials
22.04
Energy
37.95
Utilities
11.37
Telecommunication
13.05
Financial Services
9.14


Company Symbol % Assets
Gazprom Neft ADR N/A 5.27
Gazprom OAO (EDR) N/A 8.15
Lukoil Company ADR N/A 9.5
MOBILE TELSYS OJSC MBT
3.98
NK Rosneft' OAO N/A 8.09
Oao Novatek GDR N/A 4.67
Rostelecom ADR N/A 4.25
Sberbank Rossii OAO N/A 5.91
Surgutneftegas OAO (ADR) N/A 7.36
VIMPEL COMMUN VIP
3.89

In the World Bank’s report on Russia, it is estimated that Russia will have a 4.5% contraction for 2009, a drastic change from its previously projected 3% growth back in November. The financial crisis could ultimately create 5.8 million impoverished Russians. The Russian government is forecasting a 2.2% contraction in GDP for the year.

It is thought that unemployment could reach 12% and poverty rates will be at 15.5%.

The World Bank lauded Russia’s anti-crisis program with $85 billion, or 6.7% of its GDP, put into its banking sector, which was able to head off a financial panic.

As follows from materials to meeting of government, Minenergo of Russian FEDERATION suggests to correct investprogrammy coming from the specified prognosis of electro-consumption in a country. A new prognosis is foreseen by the decline of consumption in 2009 on 4,5% with the subsequent getting up in 2010 – on 0,1%, in 2011 – on 1,5%, in 2012 – on 3%. We will remind that the primary variant of investprogramm, made by RAO of «EES of Russia», came from stable growth of consumption of electric power at the level of 4-5% in a year.
In brief:
 Economy – inflation from March, 31 for April, 6 was 0,2 %, from the beginning of month – also 0,2 %. For period from the beginning of 2009 inflation attained 5,6 %

Gazprom – the rating agency of Fitch appropriated the eurobonds of gazprom on 400 million swiss francs the expected rating of «BBB»
Bank sector – according to first vice-chairman TSB And. Ulyukaeva, TSB can reduce the rate of refunding «within the limits of month»

Energy – Government of Russian FEDERATION on Thursday will consider a question about the projects of investprogramm of subjects of electroenergy on 2009 and on the planned period 2010 and 2011 years. Now the departments of types discuss adjustment of of a particular branch general chart on a period to 2020 year. Also a government will consider the specified program of anti crises measures on 2009 and will discuss motion of implementation of measures, directed on making healthy of situation in a financial sector and separate industries of economy

Gazprom – the volume of output of eurobonds of company is megascopic from 400 to 500 million swiss francs

Tatneft' is a booty after 1 apt. 2009 went down on 2,3 % to 6,3 million т. of oil. These information fully reflect a situation with the booty of company on the whole. On results 2008, record at oil prices, a company succeeded to save the level of booty at the level of former year (25,8 million т.). In 2009 in the conditions of low oil prices and sharp reduction of demand on power mediums the booty of Tatneft, by our estimations, at the best will attain 25 million т., that supposes its falling on 3 % to the level 2008

YUTK – a net income on RSBU in 2008 made 557 million RUB (against a 1,827 milliard of RUB in 2007, decline in 3,2 of time). Growth of help on 5,6 % to 20,884 milliard of RUB, charges – on 10,4 %, to 15,754 milliard of RUB

YUTK – the board of directors intends to recommend shareholders on annual collection in June to confirm dividends after 2008 in size of a 0,02822 RUB on usual and 0,0573 RUBS on a preference share. On results 2007 YUTK paid 0,0821 RUBS and 0,1879 RUBS accordingly


Key events
10 april
Policy: continuation 4-daily the VII all-russian power forum of "TEK of Russia in XXI age"
Rosneft': «closing» of register of Udmurtnefti before meeting of shareholders' of May, 26
Gas industry is oil: consideration FRONT of matter of company about prices on nefteprodukty
ТНК-SR: consideration FRONT of matter of company about prices on nefteprodukty
MTS: consideration business FRONT in regard to a company
NLMK: examination of claim of company about ineffectiveness of agreement of loan with
a former proprietor Maksi-grupp
Raspadskaya: report after 2008 on MSFO
April, 11

Policy: completion 4-daily the VII all-russian power forum of "TEK of Russia in XXI age"
Gas industry: began the road show placing of eurobonds

Part of market participants is linked turn of domestic indexes with the statement of head of TSB about the possible decline of rates of refunding before long.