Growth resumes on Russian stock market

The Russian stock market opened with a slight rise in the majority of blue chips today. Stock prices went up about 1 percent during the first thirty minutes of trade on MICEX. This was the market's reaction to a rise in US stock indices. The general situation on the domestic stock market is expected to be neutral today and the RTS index may continue to consolidate above the level of 350 points. Experts noted that a possible fall in oil prices and a drop in US stock futures would have a negative impact on the situation on Russian exchanges.