Reports » Russia

Russian stock market daily morning report (July 29, 2010, Thursday)

Contributed by Veles Capital

By Veles Capital

Wednesday did not bring any activity to the trades on the Russian shares. The markets were calm with passive reaction to the internal and external impacts in form of stats on Europe and the U.S. Resulting from that the Russian grounds closed with slight changes of the principal exchange indicators. The most significant variations were on the shares of LUKOIL. In particular information on the company buying back its shares from one of its largest holders - American Conoco - came out on Wednesday and leaded to adding of the Russian oil company's quotes. Note that the other representatives of the oil-and-gas sector slipped by 1-2%.

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