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Analysis

Return Analysis

Russian Stock Market Summary for the week of November 12th – 16th, 2007.

The RTS Index is attempting to reach 2,150 points, and the current events are within the scenario, presented in the previous review. The decrease is caused, on the one hand, by the correction model, which was formed after the achievement of the highs around 2,300 points and, on the other hand, the lack of positive news from abroad keeps the rates from growing. The wave of the write-offs connected with the credit crisis continues, which puts the European indexes in the red.

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