Cuban revolution in pictures: Early years of Fidel CastroWorld December 04, 16:49
Putin: Trump as president realizes quickly level of responsibilityRussian Politics & Diplomacy December 04, 13:46
Putin: attempts for uni-polar world fail, balance in the world restoresRussian Politics & Diplomacy December 04, 13:44
Bild: Eurovision 2017 may take place in MoscowSociety & Culture December 04, 10:45
Presidential election in Uzbekistan is validWorld December 04, 10:43
Russian Reconciliation center delivers over 150 tonnes of humanitarian cargo to AleppoRussian Politics & Diplomacy December 04, 7:46
Rally dedicated to Fidel Castro ends in Santiago de CubaWorld December 04, 6:43
Raul Castro says no streets will be named after FidelWorld December 04, 5:38
Cuban TV host says Fidel Castro admired Russian peopleWorld December 04, 5:17
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.