The Russian stock market - the best among the worst

Foreign Exchange Market Finansy02-03-2009 The Russian stock market - the best among the worst Russian markets in February proved to be better than the U.S. economy and the eurozone. However, this situation is not talking about our successes, and the profound challenges faced by the rest of the world. Yes, and his current calm Russia owes to only one Russian stock market in February 2009 showed the best results in Europe, reports Bloomberg. MICEX index rose last month of winter to 6.6%, helped in particular, the stabilization of the ruble and the level of foreign exchange reserves of the CBR and termination of a sharp drop in oil prices, which is now trading in New York above $ 40 a barrel. In the first working day of March, according to the chief analyst «ITinvest» Alexander Potavin, Stock Russia also looks much better than their Western counterparts. "While the MICEX index lost 2.7% during the day, Britain's FTSE flew down to 4,2%. Cheerful beginning of spring, do not say anything "- ironically in an expert interview Bigness.ru. But it's a win-win for Russia comparison is not talking about the magnificent prospects and attractiveness of our market, but only that in Europe, and throughout the world, the situation is even starker.