Russian Stock Market Summary for October 8th- 19th, 2007.
Following the rise of the overseas stock markets, the RTS Index continued its rise, reaching new historic highs of 2,181. In general, this scenario fits in the framework of the previous summary. A correction to 2,133 occurred following the decline of the western indexes, which was based on the poor economic statistics for the USA and reporting data of major banks. The correction is expected to continue to 2.100 points.