Military casualties

Rules igry12-08-2008 military losses of hostilities in South Ossetia continues to haunt the minds of the public. In the course of a collision are at the expense of human losses and economic damage. According to experts, armed conflict between Georgia and South Ossetia could have serious consequences for Russia, which was involved in this confrontation. The stock market on Monday the Russian market reopened paleniem. By 10:40 MSK MICEX index fell by 5.58% - to 1,283.5 points and the RTS index fell 4.2% - to 1650.41 points. In the sector of "blue chips" the largest decline on the MICEX exchange was recorded in preferred shares of Transneft (-10.15%), Sberbank of Russia (-10.11%). According to Stanislav Kleshchev of VTB 24, the hostilities in South Ossetia continued to have a negative impact on the domestic market. "The main driving factor for the Russian stock market in the coming days will be development around military actions that take place in the Georgian-South Ossetian conflict. Ceasefire and a quick recovery of the status quo in the region did not happen "- said the expert. The reaction of Western countries against Russia's actions, despite the obvious culprit in starting the conflict continues to remain fairly tight, which encourages foreign investors to continue the sales within their portfolios of Russian assets.