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Russian stock market daily morning report (August 03, 2010, Tuesday)

August 3, 2010, Tuesday, 08:29 GMT | 03:29 EST | 12:59 IST | 15:29 SGT
Contributed by Veles Capital


By Veles Capital

 

On Monday serious climbing was indicated at the Russian share market – the RTS index broke through the level of 1,500 points, having met almost no resistance at given level. Among the growth reasons were the following: extremely favorable background in the form of good stats on the EU economy, oil quotes having broken through the level of 80 USD per barrel (on the Brent mix). Among the Russian shares growth was indicated on almost all sectors, with the exception of the telecommunication sector representatives.


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