The Russian stock market in the coming days, possibly still recover some lost positions in the last week
Following Monday RTS index decreased by 0.42% to 951.46 Friday. Indicator RTS-2 is also lost a relatively modest 0.57%, and concluded the bid at around 857.82 points.
worse than the market on the RTS Stock Exchange today, the paper looked automakers. According to the Ministry of Industry and Trade of the Russian Federation, received on the market on Monday, production of passenger cars in Russia in January-May 2009 decreased by 61.5% compared with January-May 2008 and amounted to 230 thousand.
On the other hand, the relatively favorable momentum of quotations on the RTS Stock Exchange at the opening of this week showed the telecom. According to current data, OAO Mobile TeleSystems attracted credit the European Bank for Reconstruction and Development, Nordic Investment Bank and European Investment Bank for an amount of 413 million euros. Funds will be directed towards the development of networks of companies in Russia, Uzbekistan and Turkmenistan. Information about the transaction shows the stable situation of the company, the sustainability of its business in the context of increasing competition, declining consumer activity in the Russian economy.
Despite this weakening, the Russian stock market in the coming days, possibly still recover some lost positions in recent weeks. The world's leading regulatory structure, including the Russian government and Central Bank, stepped up its support for the financial sector. On the other hand, the trend indicators of macro-and microeconomic statistics, published recently, was in general favorable to the bulls segment of the stock.
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