Veles Capital Released September 30 Russian Market Review
OREANDA-NEWS. September 30, 2010. Veles Capital released daily market review:
Trader’s view On Wednesday the Russian share market continued trading within the frames of the lateral trend. There were actually no important events yesterday, the principal foreign markets were not showing serious changes, oil quotes were stable, which resulted in the Russian market not making any attempts to play upwards or downwards. Likely such situation will last till the end of the quarter, after which large funds might begin moving the market. Among the shares we might outline NMTP and Polimetal. Both companies output their half year reports, which turned out to be worse than the market, which leaded to the quotes slipping. Once again demand returned to the shares of AvtoVAZ, which added 2%.
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