Source Pravda.Ru

No changes in prices expected on Russian stock market

The beginning of the new week has been very calm on the Russian stockmarket. Prices of most securities did not change substantially during thefirst minutes of trade on MICEX, compared to Friday's closing levels. Todayis a holiday in the US, and this fact will largely determine the situationon the Russian stock market. There will be no such traditional referencepoint as the dynamics of the futures for S&P and NASDAQ, there will be nonews from overseas this afternoon, and therefore, prices will changeunsubstantially on the Russian stock market, and the intensity of the tradewill be minimal. At the same time, one cannot rule out the possibility thatsome speculators on the Russian market will prefer to buy shares whoseprices noticeably decreased over the past week, first of all, shares in oilcompanies..

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