OREANDA-NEWS. Last friday's trades on the Russian stock market were conducted under low activity of market players, Veles-Capital reports.

According to the experts, it seems as if investors still cannot decide where to move next and try to evade serious play up or down.
On the one hand, the market is obviously overheated and requires income fix. On the other - record oil prices and world's primary stock indicators' close proximity to highest values do support Russian securities. Second factor became defining as market grew steadily through the day. Apart from this, weight of foreign markets was decisive factor over the last hour of trades. US stock indices dropped seriously through trades opening, which was quickly reflected at Russian securities.

Stock of Sberbank looked well among liquid stocks. Last Friday bank published data disclosing growth of income for 9 months 2007, which could have supported bank's quotes in the market. Aside from that, there was some demand over WGC-3 shares, as company's quotes use redemption premium off holders voted 'no' for reformation. Shares of Rostelecom were considerably below general market while being overbought as it is, Whereas the current reason of decrease was ministry of communications' initiative stopping the company's status of default long-distance operator, possibly affecting its market positions. RTS index experienced 0.28% decrease last Friday, stopping at 2142.42 points. Top support was provided by stock of: Sberbank (+0.93%), VTB (+2.39%) and UES (+1.1%). Index was negatively affected by quotes of: Gazprom (-0.51%), Polyus Gold (-1.01%) and Rostelecom (-2.15%). RTS turnover of Friday made up 57.3 mln USD. Largest turnover winners were Gazprom (19.6 mln USD), UES (14.4 mln USD) and Sberbank (4.7 mln USD).

Over last week, the Russian stock market began turning the growth trend. Considering fall of US and Asia's stock grounds, Russian securities may lose value this week, the experts conclude.