Highly Liquid Russian Shares Open Higher

The majority of highly liquid shares opened a bit higher on the Russian stock market today. The market reacted quite calmly to a sharp growth in US future indices; moreover, currently futures at S&P and NASDAQ are lower. LUKoil shares surged by more than one percent in the first minutes of the trade at the Moscow Interbank Currency Exchange. The activity of foreign investors will probably be low on the Russian stock market, amid the day-off in the USA; the main trade will be made at the MICEX and share prices are unlikely to fluctuate considerably. The market has retreated to the level between 325 and 350 points of the RTS index; it will continue consolidating near the current price levels.

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