30 Jul 2009 14:45

Russian stock market consolidates, MICEX fluctuates around 1,000 points

MOSCOW. July 30 (Interfax) - Russia's stock market, which posted gains at opening on Thursday, displayed a lateral trend by midday as the MICEX Stock Exchange hovered at 990-1,010 points.

By 1:00 pm Moscow time, the MICEX Stock Exchange increased by 1.55% to 1,002.11 points while the RTS Index increased by 0.35% to 977.18 points.

The decline in RTS futures against the base asset came to 19.78 points, indicating a negative mood among investors.

By 1:00 pm Moscow time, RTS Classic Trading came to $1.68 million, RTS Standard - $147.42 million and MICEX Stock Exchange deals - 19.65 billion rubles.