Russian share prices falling

The majority of Russian high liquid shares continue retreating. Securitiesof RAO UES and Severstal have suffered the heaviest selling at the RTS, dueto negative corporate news. Securities of oil companies are also falling,except Surgutneftegaz, whose shares have been in demand. The RTS index hasdecreased by 0.26 percent to 332.05 points. On the whole, the newsbackground is rather negative for the market: US markets are unstable, oilprices may ease back again and there is no new money on the trade. Thesefactors make investors either be cautious or close their positions..

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