Source Pravda.Ru

Market Analysis

Valery Petrov, Director of MFK Bank's Conjuncture Analysis Department: Yesterday, Russian stocks continued to move up. The market opened with a gap up, thanks to investor optimism and a high close on the US market as well as positive conditions on the world oil market and the appearance of some nonresident orders on the Russian market. However, market players started taking profits in the afternoon, which resulted in a slight price correction. Yesterday's big gainer was SibNeft (+17.8%). Trading activity was high and the trade volume amounted to $29.55 million.

Today we can expect more advances, although one shouldn't rule out the possibility of a correction in some stocks.

Comments
100th anniversary of Great October Revolution: Celebrating mountain of errors
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
North Korea says Trump makes first step towards nuclear war
North Korea says Trump makes first step towards nuclear war
North Korea says Trump makes first step towards nuclear war
North Korea says Trump makes first step towards nuclear war
Capitalism reduced Indonesian cities to infested carcases
Tel Aviv, Jerusalem, capitals and puppets
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
No one can intercept Kim Jong-un's invincible ballistic missiles
Torturing Jerusalem with USA's help: No peace, but eternal war for Jews and Arabs
North Korea is not a threat to the US
North Korea is not a threat to the US
Torturing Jerusalem with USA's help: No peace, but eternal war for Jews and Arabs
Tel Aviv, Jerusalem, capitals and puppets
North Korea is not a threat to the US
North Korea is not a threat to the US
North Korea is not a threat to the US
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed