Source Pravda.Ru

Russian stock trade opens neutral

The trade on the Russian stock market has opened against the background of chaotic price fluctuations of the majority of traded securities. Reports on the upgrade of Russia's ratings by the S&P ratings agency have not influenced investors' disposition considerably yet. A new fall in US stock indices was negative news; on the whole, the market news background is neutral currently. In the first minutes of trade on MICEX, growth leaders were Rostelecom shares. In general, one is not expecting any particular changes today. The continuation of a slight price advance is possible while expecting an upward correction on the overseas market.