Despite the recently appeared positive data, the current tendency on the stock market is still characterized by a sideways trend of share prices. This morning's increase in quotations was quite expected, as Russian operators using the positive inside corporate information about RAO UES and Rostelecom, tried to play for a rise. However later, some participants decided to fix profits in this favorable situation, as they did not see a serious demand from foreign investors, an expert of an investment company told RBC commenting on today's trade on the Russian stock market. It is clear that the main factor, which influences the market, is the situation on world financial markets. Analyzing the trade of the past few days, one can suspect that the time for serious investments in securities has not come yet. In other words, those who want to invest their funds in the stock market should wait for clear signs that the market is ready to continue the growth. However, currently operators should be very careful on the market. Expectations for the appearance of foreign investors have been justified only partially. Nevertheless, there is a feeling that by the Christmas and New Year holidays some news will appear that will bring dynamics to the market and will promote the creation of an upward trend. As a result, there are some grounds to believe that share prices may become higher in the near future. At present, it seems that the consolidation will continue between 350 and 363 points of the RTS index.
Following Lithuania, Norway has joined the anti-Russian frenzy as well and declared a blockade against the Russian town of Barentsburg. However, Norway has not taken into account the fact that Svalbard is not its original territory