Russian, Chinese, and Saudi physicists sharpen vision of photodetectorsScience & Space October 27, 16:02
Russian diplomat concerned over worsening situation in MosulRussian Politics & Diplomacy October 27, 15:57
Russia has nothing to do with Syria's Idlib school attack — diplomatRussian Politics & Diplomacy October 27, 14:58
Prowling Amur tiger nabbed near Russian Far Eastern city of VladivostokSociety & Culture October 27, 13:55
Russian scientists create "smart foil" for mounting industrial transducersScience & Space October 27, 13:54
Caspian Flotilla ships return from long-distance voyageMilitary & Defense October 27, 13:33
Russian senator urges probe into children death in Syria’s IdlibRussian Politics & Diplomacy October 27, 13:32
Putin awards Emir Kusturica with Order of FriendshipSociety & Culture October 27, 13:20
Moscow court upholds arrest of Ukrainian accused of spyingWorld October 27, 13:18
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.