Analysis and market intelligence on fixed income, forex and equities in Asia, EMEA and Latin America

Economy / Russia

Key Market Views: Bullish Russian RTS

May 2009 | Market Strategy

Since we initially went bullish the Russian RTS equity index on March 11, stocks have risen by 54.3%, to at one point trade at 978 on May 19. Going forward, we have now upgraded this bullish outlook to one of our key market views, with several factors signalling that the index not only has much further to run on the upside, but will be a regional outperformer.

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