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Vedomosti (Moscow) - December 20, 2004

Between December 10 and 17, the index of second-tier stocks at Sovlink Securities Investment (Sovlink Russia Small-Cap Index, SRSC), reported almost no change, gaining just 0.003% while the RTS index moved up 0.02%.

Spread on stocks joining the SRSC index slipped 3.2 percentage points to six percent between December 10 and 17. With activity growing on the market, spread regained its usual levels.

The share of second-tier stocks in aggregate volume traded on the RTS stock exchange reached 27 percent, while volume traded made 90 million rubles. Top turnover rates were registered with common stocks of RBC (2.93 percent), CenterTelecom (2.5 percent) and Transneft (2.23 percent).

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