The Russian stock market trading on Thursday completed the decline of major indices as a result of correction after the sharp rise the previous day. As a result of trades on the RTS index fell 1.22% to 947.52 points and the MICEX index at 2.41% to 961.15 points. Activities bidders when it was on the average level for the last few days: the volume of trades on the MICEX was 73.6 billion rubles. Trades on Thursday began with the decline as a result of correction after the growth of quotations before, but during the day at the market prevailing volatile lateral movement. At the market put pressure decline of European indices and the growthyield UST. Published in the second half of the trading data on the number of applications for unemployment benefits were worse than forecasts, but the final data for GDP for the United States I Blvd. 2009 showed a smaller decline than had been estimated on preliminary data, which contributed to the growth of the market before closing the bidding.
worse than the market yesterday were shares of the commodity sector is actively rosshie the previous day. Better market were Sberbank preference shares, adding to the outcome of the trading 0.3%.
Today is the day we expect multidirectional movement of quotations on the Russian stock market. Outside the background when you open the neutral: the U.S. stock market shut down the growth of the major indices, futures on U.S. indexes are in negative zone, while
oil futures continued to climb to the Asian bid. Closer to the end of trading session, to be published data on personal income and spending in the United States. MICEX index today on our expectations will be in the range of 950-980 points.
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