Source Pravda.Ru

Stock prices continue to fall in Russia - 4 September, 2002

A decline in prices of most highly liquid shares continued at the openingof trade on the Russian stock market today. The rate of the decrease was1-1.5% on average. In the meantime, the market has taken negative foreignnews rather calmly. As it was reported earlier, a swift decline in priceshad resumed on the US stock market: the Dow Jones index fell by 4.10%, andNASDAQ was down 3.88%. The ISM business activity index for the industrialsector did not change in August compared to the July level and remained at50.5 points, whereas a rise to 51.8 points was expected. In analysts' view,this negative news has created prerequisites for a further decline inRussian share prices. At the same time one cannot rule out the possibilitythat the market will be unable to resist bad news for much longer and willsoon begin to 'catch up' with foreign markets..

Comments
The horror story called Brazil: Murder and destruction
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
Why Trump tries to re-industrialize America
USA plays to pretend a mighty dragon that can no longer breathe fire
US interferes in election of Interpol president, Kremlin believes
US interferes in election of Interpol president, Kremlin believes
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
Brexit: The UK's misunderstanding of Democracy
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Argentina hides the truth about the death of San Juan submarine
Japan ratifies agreement to supply weapons and ammo to warring states
Russia to ban capture of killer whales and belugas in 2019
Russia to raise sunken floating dock
Why Trump tries to re-industrialize America
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Putin dislikes the idea of US army bases coming to Kuril Islands
Argentina hides the truth about the death of San Juan submarine
USA plays to pretend a mighty dragon that can no longer breathe fire
Russians lose faith in their future, get ready for worse
Russians lose faith in their future, get ready for worse