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Russian market shows low activity

26.08.2002 | Source:

Pravda.Ru

 

Sometimes, the Russian stock market is able to act independently. Despite asignificant drop of the main world stock indices, the Russian stock marketremained quite stable in the morning and all price fluctuations werehappening at the level of Friday's closing with 0.5-3 percent difference.The RTS index has experienced almost no changes and maintained its positionclose to 347.2 points. Experts say that further price dynamics is similarto the dynamics of US futures indices, as their positive mood made itpossible for "blue chips" regain their morning fall by 0.4-1.6 percent.Nevertheless, market activities remain monotonous and uncomely. The volumeof trading is weakening from day to day and it can be said that the Augustupsurge, predicted by many traders, has slowed down, before it even gotstarted. .

 

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