RTS Index Set a New Record
OREANDA-NEWS. November 8, 2007. The main indicator of the Russian stock market has set a new record. On November 6, 2007 by the moment of trading close, it made up 2268.92 points.
The previous RTS Index record was registered on October 29, 2007, when the main indicator of the Russian stock market reached a value of 2226,02 points. The maximum intra-day value on that day was 2232,58.
Futures contract on RTS Index with settlement in December 2007 closed today with the value 2290.00, which exceeds the current RTS Index value by 21.08 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 2290 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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