On Wednesday, domestic issues opened higher on the back of a spike in US stock indexes. As of 12:00 noon Moscow time Tatneft (+4%) and AvtoVAZ (+2%) were the standout performers, while Mosenergo (-0.7%) and Sberbank (-0.2%) led the decliners. Rostelecom is hovering around 1,911 or 0.4% higher than Tuesdays close.
Sergey Belov, Asset Manager, Finam Investment Company
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[Source: Russian Stock Market Blog]
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