Trade on the Russian stock market is characterized by a confident growth in prices of the majority of highly liquid securities today. YUKOS has been the leader of this advance. The company's share prices surged by 5 percent in the first 90 minutes of trade on the RTS exchange. These securities have added more than 30 percent since July 17, so they have practically reached the level they were at before the fall in late June and early July. Sibneft and Norilsk Nickel have grown by almost 4 percent at the RTS. Other blue chips have gained too.
However the activity on the market is mainly concentrated around RAO UES shares. The RTS index has reached 494 points due to the growth in YUKOS and Sibneft. Analysts does not rule out that the RTS index may go up to 500 points by the end of this week.