Source Pravda.Ru

Russian Stock Market Stabilizes

The majority of share prices of Russian companies stabilized at the levels they reached today after a significant slump. The market reacted to negative news from the USA, and the trading process has no tendency now. According to traders, the correlation of fluctuations of Russian and US share prices is evident now. As the US market went up, the Russian market followed it, and when the US market plunged, the Russian did the same thing right away. The majority of traders don't have any ideas about the perspectives of the market. Thus, they keep an eye on the dynamics of future trading, US indices and oil prices.