OREANDA-NEWS. April 7, 2011. Veles Capital released daily market review:

Trader’s view Against the background of the global economy and temporary calmness of Middle East unrest the markets continued climbing gradually reaching their all-time high levels. Cost of oil confidently fixated higher 120 USD per barrel, all the principal European indices and American grounds closed in the green zone with 1% adding, China also added more than 1%, but Japan was the only one showing mild slip due to the consequences of the earthquake and the accident at Fukusima. Positive foreign background set the bullish trend to the Russian market and by the end of the day MICEX index added 0.64% and the shares of bank, oil and ore-mining sectors and the producers of fertilizers were the growth leaders. Shares of the energy companies, specially the network ones, traded worse than the market.