Reports » Russia
Russian stock market daily morning report (February 02, 2012, Thursday)
February 2, 2012, Thursday, 08:25 GMT | 03:25 EST | 12:55 IST | 15:25 SGT
Today market will unlikely show significant growth. RTS index reached the psychologically important level of 1,600 points and it is likely to be broken, but further growth might face resistance on behalf of the bears – market grew since the beginning of the year and profit fixation is possible. Besides, the market reached an important technical level of 1,640 points on the RTS index, and a lot more optimism would be required to overcome it than the one we currently have. 
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