Putin orders to draft over 140,000 men into army this springMilitary & Defense March 30, 10:51
Russia cuts oil output by 200,000 barrels a dayBusiness & Economy March 30, 8:09
Russian historical epic Viking to be released in Italy, UKSociety & Culture March 30, 2:11
Putin visits ice cave during Arctic tourSociety & Culture March 30, 0:02
Moscow slams West’s reaction to Russian protests as part of long-planned campaignRussian Politics & Diplomacy March 29, 23:56
Putin orders Defense Ministry and FSB to ensure protection of Russia’s interests in ArcticMilitary & Defense March 29, 21:46
Kiev aware of few chances to win in debt lawsuit case — envoyBusiness & Economy March 29, 20:52
Russian top diplomat dismisses claims about human rights violations in Crimea as liesRussian Politics & Diplomacy March 29, 20:23
Moscow suspects Jabhat al-Nusra could be used to topple AssadRussian Politics & Diplomacy March 29, 19:58
MOSCOW, July 5 (Itar-Tass) - A capital inflow of $69 mln into funds investing in the Russian stock market was reported for the period from June 27 to July 3 after an outflow of $285 mln a week earlier, Emerging Portfolio Fund Research said.
It is the first inflow to the Russian market after five weeks of the outflow. The last inflow into funds investing in Russia was reported last May, when $476 million came into Russia in three weeks, a record volume since April 2011. However, on May 22, all the developing markets turned out to be under pressure in connection with the U.S. monetary policy plans.
Despite last week’s positive trend, the outflow of capital from the Russian stock market through investment funds has amounted to $1.754 billion since the beginning of the year, or 12.63 percent of the funds.
According to Uralsib Capital, the inflow was ensured mainly by ETFs that attracted $100 mln, while traditional funds lost $32 mln. Besides, experts believe that the inflow of capital to the Russian market may be explained by the political tension in the Middle East that ensures support for oil prices and indirectly for Russian shares. Uralsib Capital analysts see signs of the conclusion of the asset selloff on developing markets.
Exchange Traded Funds (ETF) are funds shares in which are traded on a stock exchange. However, as compared to share investment funds, all operations may be conducted with ETF shares, and their prices change depending on activity of traders during a session. ETFs in recent years attracted more money as compared to traditional funds.