Source Pravda.Ru

Analysts expect stock market growth

This morning the Russian stock market continued to rise. As of 13:00 Moscow time, the RTS index totaled 499.67 points, up 1.64 percent against yesterday's close. According to analysts with the Russian investment company Eurofinances, rumors about new tax charges for YUKOS proved to be unfounded. Moreover, the experts expect the US market to rebound and erase the negative effects of yesterday's terrorist blasts in Turkey. This expectation along with oil prices steadily high and a relatively low starting level of Russian stock prices are favoring the continuation of growth on the domestic stock market.