Growth in share prices that started on September 9 is likely to continue today, some analysts told RBC. There are no reasons for a downward trend, since oil prices have surged, thus growth is more likely that decline. Traders pointed out that there was a pretty aggressive demand for LUKoil shares, and RAO UES securities still enjoyed the demand. The buying of YUKOS shares in also quite possible.
Analysts noted the a majority of ADRs of blue chips closed higher than share prices on the RTS exchange yesterday, which testifies to the demand from non-residents. At the same time a considerable advance on the Russian stock market is doubtful, since the market is near a strong resistance level of 610 to 620 points.
Turkish President Recep Erdogan should have thought twice before saying that Turkey was not recognising Crimea as Russian territory. He should not have said that