Russian stock market facing new correction

If the current situation on the market is analyzed, one can suppose thatthe situation on trade has calmed a bit. Due to the present macroeconomicsituation in the country, one can be optimistic about the market, however,everything is not as simple as it may seem from first sight, experts saidin an interview with RosBusinessConsulting forecasting trade on the stockmarket. The possibility that the RTS index may soon drop to the 320-pointlevel, should not be ruled out. The situation on world markets has notstabilized yet and it is difficult to forecast the behavior of marketparticipants. It is possible that in the near future a short-term trendwill depend on the character of the information that comes to the market.On the other hand, the recent situation is that operators have practicallystopped reacting to negative information and they are waiting for positivenews. It seems that one should attentively watch the trade to understandwhat feelings are prevailing among market participants at present. As faras large foreign investors are concerned, according to some analysts, theirappearance on the Russian stock market is currently not expected. Probably,this is a negative sign and due to this fact, share prices at the RTS inthe near future will continue fluctuating between 320 and 345 points on theRTS index..

Subscribe to Pravda.Ru Telegram channel, Facebook, RSS!

Author`s name Editorial Team