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Russian stock market indices close 1 pct lower

November 24, 2011, 19:45 UTC+3
As the senior analyst at IFC Solid, Elsa Bikchurina, said, in general the external background, if one disregards Germany, is still unpleasant
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MOSCOW, November 24 (Itar-Tass) —— Russian stock markets closed in the negative territory: the MICEX index by the end of the trading session fell by 0.82 percent to 1,392.75 points, and the RTS index, by 1.1 percent to 1,402.83 points.

Today’s mood on the trading was mixed: good and bad news followed interchangeably, which affected the dynamics of the stock market indicators. Nevertheless, they showed a positive trend, although the turnover was low. Later in the afternoon trading was either at zero marks, or in the red area.

As the senior analyst at IFC Solid, Elsa Bikchurina, said, in general the external background, if one disregards Germany, is still unpleasant. "Despite the fact that the European authorities continue to act in accordance with the previously agreed time limits, hold meetings and seek compromises – in a word, do their job, everything is very slow, and, of course, it gets on the bidders’ nerves," she said. That's why most experts maintain that in the medium term any growth of the Russian market is unlikely.

 

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