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Russian share markets are growing
22 апреля 2009 г.

The rates of domestic shares are retaining the high morning values. The leading indices cooled down in the first half an hour of bidding, successfully closed the “gap” and then continued the ascending range.

Despite the negative dynamics of the ambient background, the Moscow Central Stock Exchange index confidentially lingered in the “green” zone, with the growth of the rates by 1,7%. Probably in the nearest trading the band will stay at the same level – 860-900 points. Technically the rates have moved to the top piece of the foresaid channel and today can test one of its bounds.

The experts note the peculiarity of the Russian market and the dependence of the rouble assets on the stability of the national currency. “Our market is in a very difficult situation, the analyst of “ITinvest” Alexander Potavin shares his opinion, all attention is drawn to the oil market and the rate of Russian rouble. In case of continuation of the devaluation of the national currency even the positive ambient background won’t drag out our share indices in the zone of the risk free growth”.

The RTS index is increasing by 2% and remains at the level of 790 points.
 

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