Source Pravda.Ru

Downward Correction Begins On Russian Stock Market

Today's trading on various floors of the Russian stock market opened with a fall. An overall downward correction has been registered on the RTS and MICEX since January 8. Experts say, the market is at a crossroads now: some investors want to fix their profits after a significant growth, but the majority of Russian brokers are still ready to speculate for a rise. It is hard to tell now, what will be in the future. Actually, a downward correction would be rather natural now. But the market feels so optimistic that the majority of operators may continue purchasing securities without any correction. Anyway, taking into consideration the fact that prices began going down 15 minutes later after today's opening on the MICEX, the market seems to feel like it is entering a period of correction. The situation will mainly depend on news from foreign markets, as they may be a good reason for a fall on the Russian stock market.

Representatives of the North Korean administration issued a statement saying that the United States and its allies have lost the "political and military confrontation" to the DPRK

North Korea declares victory over USA
Comments
North Korea is not a threat to the US
Should Russian athletes go to non-Olympic Games in South Korea?
Russia on the eve of another Crimea referendum
Russia to install laser navigation system on the Moon
Russia to install laser navigation system on the Moon
Putin to Sobchak: We will never let them turn Russia into another Ukraine
USA to ruin Russian-Japanese relationship with the help of Aegis Ashore system
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Russia not pulling out from any international agreements, Putin says
Donbass without militia will be worse than Srebrenica - Putin
Donbass without militia will be worse than Srebrenica - Putin
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Putin in Egypt: Who's the big player in the Middle East?
Kim Jong-un's tactic of hard power teaches USA lesson of obedience