Source Pravda.Ru

Russian stock market resumes growing

The majority of blue chips went up above yesterday's closing levels on theRussian stock market today after a fall observed at the opening today. TheRTS index went up 1.13 percent to 333.68 points. Traders pointed out thatthis growth testified that the Russian market had reacted quietly to newsfrom US stock exchanges. The general news background is positive for theRussian market, specialists reported. For instance, US future indexes arerising and oil prices have reached their maximum levels over the pastseveral months. Due to these positive factors, domestic securities can atleast stay at the current levels. However, the activity of traders remainsvery low, and the RTS trade volume was reported at only $3m. Analystsbelieve that stock prices would fluctuate without noticeable changes untilthe end of the day..

Comments