RTS Index Exceeded 2100 Points
OREANDA-NEWS. October 3, 2007. The main indicator of the Russian stock market has set a new record by exceeding an important benchmark of 2100 points. On October 2, 2007 by the moment of trading close, it had made up 2108,57 points. The maximum intra-day value on that day was 2108,89 points.
The previous RTS Index record was registered on July 23, 2007, when the main indicator of the Russian stock market reached a value of 2091,26 points. The maximum intra-day value on that day was registered at 2092,71 points.
Futures contract on RTS Index with settlement in December 2007 closed today with the value 2130,35 points, which exceeds the current RTS Index value by 21,78 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 2130 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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