Rise Discontinues On Russian Stock Market

A rise in prices for most shares has discontinued on the Russian stock market now, however, no significant fall has been observed either. The shares of RAO UES and Rostelekom are still higher than the level of yesterday's closing on the RTS. According to estimations of traders, news about a rise in oil prices is having a positive impact on the market and share prices are going down slowly despite an expected correction. Analysts do not forecast a significant correction and do not exclude that the market may stay at the current levels.