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Russia’s Indices Go Through Adjustment
Russia’s stock indices finally managed to break the declining trend. RTS grew 1.6 percent to 1,927.63 and MICEX stepped up 2.18 percent to 1,680.03. The turnover, however, was much less than on days of the losses. On RTS, for instance, the aggregate worth of all deals didn’t exceed $47.34 million. Surgutneftegaz led the market growth once it gained 4.82 percent in one go. Neft & Gaz (Oil & Gas) was the best amid branch indices.
The stock benchmarks of the United States suffered the minor losses. Dow Jones sank 0.02 percent to 13,236.53; Nasdaq shed 0.1 percent to 2,542.24; S&P 500 lost 0.05 percent to 1,452.92. Forty eight percent of stocks improved on NYSE. Of companies taken to compile RTS benchmark, 17 manifested the growth, but 13 lost by result of the day.
Although in part, Europe played back the losses of last week. Britain’s FTSE 100 closed 2.91 percent up at 6,219; German DAX gained 1.75 percent to 7,474.33; French ÑÀÑ-40 soared 2.17 percent to 5,569.28.
The Central Bank of Russia, CBR, set exchange rate of 25.4661 ruble/U.S. dollar starting from August 14, having reflected the 4.09-kopeck depreciation of the U.S. currency. Euro lost 4.83 kopecks to cost 34.8325 rubles. Euro shed to $1.3616 on the global market early on Tuesday.
www.kommersant.com
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