RTS Index Sets New Record Again
OREANDA-NEWS. The main indicator of the Russian stock market has set a new record. On October 11, 2007 by the moment of trading close, it made up 2173.11 points, the RTS' press service announced. The maximum intra-day value on that day was 2174.45.
The previous RTS Index record was registered on October 10, 2007, when the main indicator of the Russian stock market reached a value of 2143.69 points.The maximum intra-day value on that day was 2159.59.
Futures contract on RTS Index with settlement in December 2007 closed on October 11 with the value of 2191.50, which exceeds the current RTS Index value by 18.39 points. These figures prove the fact that professional Russian market participants feel quite optimistic about the current stock market situation and expect the RTS Index to reach 2190 points in mid-December 2007. RTS Index is the benchmark in Russian securities' industry. The RTS Index is calculated based on 50 most liquid and capitalized stocks.
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