http://www.finamrus.com/newtopics/news039D2/default.asp
On Friday, domestic stocks seem to be flatlining without any signs of a bullish or a bearish trend. 1-1.5% gains posted by some issuers in the closing hour yesterday turned into comparable morning losses today. As of 12:00 noon Moscow time the weakest players were Gazprom (-0.9%) and Surgutneftegaz (-0.8%), while Rosneft fared better, off 0.6%. The range of price fluctuations that we've seen YTD is still in place and is getting narrower. Time will tell whether or not this tendency will come to an end.
Sergey Dorogavtsev, Asset Manager, Finam Investment Company
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