There was little stock price fluctuation on the Moscow Interbank Currency Exchange (MICEX) yesterday. According to experts, the MICEX index was hovering slightly above the closing value of September 8. Sellers became more active at the end of the session. As a result, the MICEX index dropped by 0.52 percent to 490.25 points. The volume of trade amounted to about RUR8.5bn ($280m). Most blue chips lost in value. RAO UES slid 2.44 percent, Mosenergo edged down 0.15 percent, Surgutneftegas slipped 0.85 percent and Rostelecom eased back 0.5 percent. Among few movers on the plus side were LUKoil with a 0.36-percent gain, YUKOS advancing 0.66 percent and Sberbank edging up 0.48 percent.
A decline in most world stock indices exerted a negative influence on the Russian stock market. European indices dropped by 0.7 to 1.5 percent, and US indices by 0.7 to 1.2 percent shortly after the bell. Additionally, world oil prices still tend to move lower ahead of the resumption of oil supplies from Iraq. Brent oil edged down 0.2 percent to $27.12 per barrel. The domestic news background was neutral except for YUKOS reporting preliminary results of its stock repurchase.
The Trump administration is looking for a replacement for the American military contingent in the north of Syria. If the United States agrees with Saudi Arabia, the situation in the south of the country will become a lot more intense as Iran and Israel stand on the brink of war
These armchair generals who come on talk shows or give their opinions as to the capabilities of various military weapons systems are doing no more than inflating their own self image and generating circulation for the news agencies
Syrian military men handed over two unexploded cruise missiles to Russia. The missiles were found after the recent US-led missile strike on Syria