Source Pravda.Ru

Russian Stock Market Continues Growing

Prices continued growing on the Russian stock market today. According to experts, this tendency was caused by positive information from international stock exchanges. European stock indices surges as well as Russia's ADR (American Depository Receipts) traded on western exchanges yesterday. This rise was especially noticeable for ADR of Russian oil companies. On the other hand, it is important to note that a fall resumed on the US stock market in the afternoon yesterday in view of worries about the spread of anthrax. Meanwhile, the RTS trade volume was not high today although it went up a little as compared to yesterday's trading. The RTS index opened at a level of 197.39 points today, which was lower than the closing on Tuesday, but it surpassed a level of 200 points by 1 p.m. Moscow time.