Mosenergo stocks bought up at RTS

The majority of Russian stocks are growing on the Russian stock market:most stocks added 1.5-3 percent. At the Russian Trading System (RTS)Mosenergo's stocks have been aggressively bought up for the last few days.The company's stocks have already rose by 5 percent today, while the totalamount of deals exceeded $1.3m. On the whole, only Tatneft and YUKOS'stocks are currently traded at the levels below yesterday's closing. TheRTS index increased 0.22 percent to 344.35 points. Optimistic sentimentsare dominant on the market, although in general the activity of trade isstill not very high. According to many traders, the growth is ratherspeculative, and it is too soon to speak of a rally. In the event somenegative news pours in, the probability that stock market participants willstart fixing profits and the RTS index will drop back to 325-330 pointswill become very high. .


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