Fall Continues on Russian Stock Market

Published: 10 April 2000 y., Monday
One of the main reasons for this drop was the strict measures which the Council of Europe is going to take against Russia. Yesterday, participants of the market did not regard this information as possible to have a negative impact on the dynamics of share prices. However, this news became one of the most important factors that influenced the beginning of today's trading. The most cautious traders decided not to risk and started to fix their profits. This resulted in a drop in prices at the very beginning of the trade. By midday, Russian shares dropped by about 3.5%. The MICEX index was down 0.6% at 246.95 points in the first hour of trade. The RTS index went down by 1.47% to 219.15 points, and the RBC index, which is calculated from data coming from various trading floors, dropped by 1.72% to 40.06 points. The activity of traders was higher today. The MICEX trade volume reached 442m rubles ($15.41m), and the RTS volume of trade amounted to $8.8m by 12:00.
Šaltinis: RBC
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Taking stock of the single market

Most EU countries continue to meet deadlines for incorporating single market rules into national law, contributing to economic growth and job creation. more »

Japan debuts new bullet train

Japanese officials unveil their new bullet train, capable of travelling at speeds of 320 km per hour (198 miles per hour). more »

The Security Technology Exhibition KIPS 2011 to be Held in Kiev

The first International Security Technology Exhibition, KIPS 2011, will be held on 23-26 February 2011 in Kiev (Ukraine). The motto of the exhibition is ‘There can never be too much security!’ more »

Dubai dining reaches new heights

The world's highest restaurant opens in Dubai, United Arab Emirates, located 400 metres above ground in Burj Khalifa, the world's tallest tower. more »

Clarifying rules to strengthen consumer rights

The rights of consumers will be clarified and updated, whether they shop at a local store or buy goods on line, under new EU rules as amended by the Internal Market Committee on Tuesday. more »

Fiji and Papua New Guinea: green light for economic agreement

MEPs on Wednesday gave their green light for the Council to conclude an Interim Economic Partnership Agreement with Papua New Guinea and Fiji, two countries of the Pacific Region with significant exports to the EU. more »

Setting the stage for economic recovery

Report sets 10 priorities for tackling the bloc's main economic challenges, launching the first ever ‘European semester'. more »

Capsule rooms appear in Shanghai

China's first capsule hotel ready to open its doors in Shanghai, aims to capture slice of booming leisure budget travel market. more »

A turning point for the European financial sector

Declaration by Michel Barnier on the start of three new authorities for supervision. more »

A successful start for the euro changeover in Estonia

On 1 January, Estonia adopted the euro as its official currency and the changeover is running smoothly and according to plan. more »