Source Pravda.Ru

Oil prices pose danger for Russian stock market

According to traders, Friday came as a logical result of the entire lastweek: the market was moving downwards amid low trade volumes. "The lack ofimpetus and ideas on the Russian stock market still makes the RussianTrading System correlate rigidly with western indices. We believe, thistrend will persist next week, too. The source of potential danger for themarket will be oil prices: the OPEC's decision to increase productionquotas coupled with the rumors about a delay in a military operationagainst Iraq may serve as a strong reason for a negative trend of not onlyoil prices, but also of the Russian stock market", experts said. Muchoptimism lies ahead in the second half of September, when after emotionallycharged September 11 the US market may speed down a little in anticipationof large companies' comments on the expected 3rd quarter results, expertspointed out. .

Comments
Russian Guard to see enemies behind walls
Russian Guard to see enemies behind walls
Turkish President Erdogan issues ultimatum to Washington and Brussels
Having lost in Syria, the West needs to find another victim nation
Russian-Indian defence cooperation in danger after India commits inadmissible act
Kim Jong-un's tactic of hard power teaches USA lesson of obedience
Kim Jong-un's tactic of hard power teaches USA lesson of obedience
Putin in Egypt: Who's the big player in the Middle East?
Putin in Egypt: Who's the big player in the Middle East?
US military men depressed over of Russia's new T-5000 sniper rifle
Turkish President Erdogan issues ultimatum to Washington and Brussels
Turkish President Erdogan issues ultimatum to Washington and Brussels
US military men depressed over of Russia's new T-5000 sniper rifle
Turkish President Erdogan issues ultimatum to Washington and Brussels
Child model from Russia ranked most beautiful girl in the world
Russia works on MiG-41 doomsday fighter jet
US military men depressed over of Russia's new T-5000 sniper rifle
US military men depressed over of Russia's new T-5000 sniper rifle
Russia to rebuild its former Soviet naval base in Syria's Tartus
Lenin planted the seeds that destroyed the USSR
Kim Jong-un's tactic of hard power teaches USA lesson of obedience