Russia, the progress of the auction: The opening took place at lower indices

March 12, 2010 – 2:14 pm

Similarly, the situation appeared, and an hour after trading began. The RTS index was trading with an increase of 0,12% to a mark at 1,503.26 points and the MICEX index dropping by 0,15% to a level of 1400.2 points.

Most of the most liquid securities traded on MICEX , demonstrated by this time mixed dynamics. Top gainers were shares of AvtoVAZ and Uralkaliya, whose growth was 1,2% and 0,9%. In the Green Zone were also shares of Aeroflot, prices increased by 0,3%, Lukoil – by 0,5%, RusHydro – by 0,5%.

On the contrary, Severstal’s capitalization has fallen to 0.9 %, Surgutneftegaz – by 0,5%, GMKN – by 0,6%, Polyus Gold – by 0,8%, Gazprom – by 0,4%, VTB – 0,4%, Sberbank & ndash to 0,5%.

By midday, the MICEX index also moved to the green area. By 12:00 Moscow time RTS index rose 0.41% to 1,507.51 points and the MICEX index – by 0,1% to 1,403.75 points. European markets at this time situation was markedly worse. English FTSE 100 fell by 0,43%, German DAX 30 lost 0.27% its value, the French CAC 40 fell by 0,52%.

Futures Brent crude fell by 0.32 % to $80.22 a barrel, a mixture of WTI – on 0,33% to $81.82 a barrel.



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