The big players have begun to record profits on long positions after the growth of the previous week

market faced a wave of sales

Today, trading on the Russian sites have opened growth of quotations. MICEX Index has approached the level of 1370 points, setting a new annual maximum at the level of 1366.48 points, after which began correctional movement, which left the market in negative territory. On the positive territory traded securities OGK-5, Mosenergo and Uralsvyazinform be added 11,2%, 2,1% and 1,1% respectively. The leaders are reducing the shares VTB (-2,6%) and Surgutneftegaz (-2.4%). By 14.30 the MICEX index lost 1.1%, down to the level of 1342 points.

Russia market went into correctional movement, despite the rise in oil prices. The negative factor was the decline of European sites and futures on U.S. indices. This upward dynamics of foreign markets ignored by our players, but their reduction increases sales and clears at double the amount. It is likely that the major players have begun to record profits on long positions, after rising the previous week, which was continued at the beginning of this. In the future, a wave of sales may once again cover the market that would lead to below current levels. In this market can continue to ignore the external factors.

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