On Monday, Russian issuers opened to the upside on the heels of upbeat performances in US stock indexes. As of 12:00 noon Moscow time Surgutneftegaz (+3.3%) and UES (+1.8%) commons emerged as the sessions top advancers, while Rostelecom (+0.4%) and AvtoVAZ (+0.3%) underperformed the market. Benchmark RTS is hovering around 1,891 or 1.4% higher than Fridays close.
Sergey Belov, Asset Manager, Finam Investment Company
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[Source: Russian Stock Market Blog]
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