The RTS index grew by 7.75 per cent over the last week and reached 386.71 points, the RTS press service reported today. The RTS growth leaders were common and preferred socks of the Russian communications giant Rostelecom (+19.3 per cent up to USD1.635 and +17.2 per cent up to USD0.85 per stock respectively), the Mining and Metallurgical Company Norilsk Nickel (+16.3per cent up to USD25), the Megionneftegaz oil and gas company (+14,3per cent up to USD7.2) and LUKoil (+13.5 per cent up to USD17.35). The decline leaders of the week were common stocks of the Chelyabinsk Tube Rolling Plant (-10.3 per cent down to USD0.105), Samaraenergo preferred stocks (-9.1 per cent down to USD0.02), Lenenergo common and preferred stocks (-7.5 per cent down to USD0.435 and -4.7 per cent down to 0.2725 correspondingly) and Kuzbassenergo common stocks (-6.1 per cent down to USD0.169). The total trade volume all over the RTS was $123.9m over the week of April 15-19 against $139.5m of the week April 8-12. On the major RTS market the turnover was $123.5m, average daily turnover amounting to $24.7m. The week before these figures were $138.9m and $27.786m respectively. The turnover leaders were RAO UES common stocks ($26.8m or 21.7 per cent), common stocks of LUKoil ($24.8n or 20.1 per cent), Norilsk Nickel ($10.4m or 8.4 per cent), the Sibneft oil company ($9.5m or 7.7 per cent) and the Tatneft oil company ($9m or 7.3 per cent). In the Guaranteed Trading System (GTS) of the RTS the total trade volume amounted to $391,700 over the week. The RTS Board (the system intended for indicative quotation of securities not included into RTS securities list) turnover for the last week was $3.38m against $3m for the previous week.
To understand how China will act, one must understand the logic of China's development. This logic has always been almost the same, be it the Middle Ages, or modern times