Source Pravda.Ru

Russian Stock Market Opens with Rise

The Russian stock market opened with a confident rise in the majority of blue chips today. These positive sentiments of domestic traders were caused by growing dynamics of western stock indices, which enjoyed a rise on May 2. As a result, shares of the Russian national energy grid RAO UES gained more than 1.5 percent in the first several minutes on MICEX. YUKOS and LUKoil saw a similar rise while a downward correction started for shares of the Moscow energy utility Mosenergo after an increase in these securities observed before the May holidays.

According to forecasts of analysts, the RTS stock index will consolidate above 420 points today and no significant changes in share prices should be expected.

Comments
Russia rips its economy apart with help from the West
Austria will not ruin its friendship with Russia despite spy scandal
World War I: Remembering the fallen, and the war criminals
Norwegians complain of demoralised NATO soldiers
Russia rips its economy apart with help from the West
MP suggests replacing Lenin's mummy with rubber figure
Austria will not ruin its friendship with Russia despite spy scandal
Russia rips its economy apart with help from the West
Russia unveils nuclear-powered interstellar spaceship
Russia rips its economy apart with help from the West
NATO to build prestrike staging base in Georgia
MP suggests replacing Lenin's mummy with rubber figure
Russia rips its economy apart with help from the West
Russia rips its economy apart with help from the West
Pentagon's goal in the Middle East is to trigger major war between Israel and Iran
Pentagon's goal in the Middle East is to trigger major war between Israel and Iran
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Mikhail Gorbachev shares his thoughts on nuclear war