Source Pravda.Ru

Russian share prices decline slightly

The trade on the Russian stock market is taking place against thebackground of chaotic fluctuations of blue chip prices. At the RTS, LUKoiland RAO UES shares were above the level of yesterday's closing. At the sametime, the shares of the Yukos oil company and the Surgutneftegaz oil andgas company are traded below this level. In an hour and a half of trade,the RTS index changed slightly going down by 0.16 percent as compared tothe previous level. On the whole, the news background is vaguely negativefor the market. Oil prices undergo a correction; US futures indices arebelow the level of the previous closing. Under these conditions, Russianshare prices will hardly grow before the end of summer; dealers arecurrently expecting news from overseas markets. If it is negative, it maytrigger a fall on the Russian market..