Source Pravda.Ru

Russian stock market resisting negative news

Although the majority of Russian high liquid securities opened lower today,most of the Russian blue chips managed to exceed the levels of the previousclosing. Surgutneftegaz is still the leader of the trade, its share priceshave gained more than two percent. At the same time the activity of thetrade is very low. The volume of deals at the RTS at 13:00 was about $3m.The Russian market has been resisting a decrease amid a stable decline inworld oil prices and a possible drop on US stock markets, analysts pointout..