MOSCOW. July 2 (Interfax) - Trading was thin on Russia's stock market in the first half of the day Monday and blue chips fluctuated within a range of 1%. Trading volume totaled just $1.413 million on the Russian Trading System as of 1:00 p.m., Moscow time, and 280 million rubles on the Moscow Interbank Currency Exchange (including 200 million rubles with Unified Energy Systems common shares). With no clear trend on Wall Street traders noted that forces look more or less even on the Russian market so far. On the whole the market is looking up, but there is little demand from foreign investors. Sergei Suverov, an analyst with Zenit bank, said that because the major Russian companies have already held their annual shareholders meetings the market is gradually entering a lull. Quarterly reports from U.S. corporations may have an impact over this period, as could concerns over the government's decision on restructuring the power industry, which should be signed soon, and the publication of US GAAP standard financial results for 2000. Poor forecasts on U.S. quarterly reports are likely to trigger sales as investors prefer not to keep long positions open, Suverov said. The RTS-Interfax (RUX) composite ruble index rose 0.68% to 254.63. The index in dollars was up 0.81% at 52.2. The RTS index edged up 0.18% to 216.5. The MICEX composite was down 0.24% to 218.87. At 1:00 p.m., local time, on the RTS, Unified Energy Systems was at $0.1134/$0.1139 (1.75 million shares traded), Lukoil was up 0.2% at $11.97/$12.07 (25,900), Mosenergo was down 0.3% at $0.0389/$0.0393 (not traded), Surgutneftegaz was up 0.6% $0.255/$0.257 (0.4 million), and Rostelecom was up 0.3% to $0.873/$0.8825 (162,200). Gazprom, which is included in the RTS-Interfax composite indexes, rose 3.2% to 16.82 rubles a share on the Moscow Stock Exchange with 7.518 million shares changing hands by midday (126.376 million rubles).
Quelle: REUTERS
Quelle: REUTERS
