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Russian stock market daily morning report (September 18, 2012, Tuesday)

Contributed by Veles Capital

Mildly negative mood dominated at the foreign markets yesterday: European (FTSE 100 lost 0.37%, DAX – 0.11%) and American indices (S&P 500 lost 0.31%). Participants related quotes reduction to the fixation after a wild rally that we watched last week and weak macroeconomic data on the U.S. The Brent oil price went 0.21% down during the day and that was another negative issue for the Russian market. Reduction leaders at MICEX were the shares within bank and metallurgy sectors.

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