Source Pravda.Ru

Russian stocks might not fall

Russia

Russian stocks moved slightly at the opening. On MICEX the majority of the blue chips tumbled 0.5 percent. The preferred Surgutneftegas shares plunged 1 percent. One should not expect a downward trend today, although the most cautious market participants fixed their profits at the opening. But clear-cut upward trend seems unlikely now, as the prices will consolidate near their current level, analysts say.