24 Aug 2011 10:17

RTS Index up 0.63% to 1,588.79 points in first minute of trades

MOSCOW. Aug 24 (Interfax) - Stock trading on the RTS Index on Wednesday opened with steady gains for blue chips owing to positive growth on U.S. markets yesterday driven by expectations that the U.S. Federal Reserve will announce a new packet of measures for averting recession in the U.S.

By 10:01 am Moscow time, the RTS had increased by 0.63% to 1,588.79 points. The majority of blue chips on the market increased within 1%.