Among the leaders of the decline - Paper Gazprom Neft and Polyus Gold

external background supports the bears

Trading on the Russian sites have opened lower quotations, and during the first half of the day bear market is still held in his hands, helped by lower oil prices and negative dynamics of futures for U.S. indices. The leaders are reducing paper Gazpromneft and Polyus Gold, losing 5,4% and 4,9% respectively. Better the market, after yesterday's decline, bargains Rostelecom (3.8%). By 14.30 the MICEX index lost 2.5%, dropping to a level of 1327.96 points.

External background supports the bears. Energy market has received a negative signal from the American Petroleum Institute, resulting in futures on Brent crude dropped below 77 dollars a barrel. Also, the negative dynamics demonstrate European site, opened in positive territory, and by mid-day losing about 1%.

Russia's Bears, using the negative, to increase the market to the bottom of a short-term consolidation between the levels of 1315 -1375 on the MICEX index, in case a lower limit to which only a little more than 1%, and have a nice breakdown on the market can begin correctional reduction, the immediate aim of which will support at the level of 1260.

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