| Market Buzz: Calmness on Christmas Day |
| Tuesday, 25 December 2012 06:33 | ||||||
 (Reuters / Andrew Burton) Russian markets are likely to open flat Tuesday amid lack of drivers at home and abroad, while major international markets are closed for Christmas Day. Russian stocks showed mixed picture Monday in low volume pre-holiday session. The MICEX shed 0.4%, while the RTS added 0.3%. European stocks retreated Monday after lean trading as major European floors like those in Germany and Italy were closed Monday for Christmas Eve, while others closed early. The Stoxx 600 Europe fell 0.2%. Most European markets will remain shut Tuesday for Christmas and on Wednesday. US stocks closed in the red Monday amid growing concern that President Barack Obama and policy-makers will not be able to reach a budget deal to avoid the fiscal cliff until the end of the year. The Dow Jones shed 0.4%, the S&P 500 fell 0.2% and the Nasdaq Composite retreated 0.3%. The US markets will remain closed for Christmas Day. Most Asian markets were shut for the Christmas holidays, including those in Australia, Hong Kong, Singapore and South Korea. The majority were due to reopen Wednesday, while Sydney and Hong Kong will remain closed until Thursday. Those markets which remained open during holiday showed strong gains on exports and banking. Japan’s Nikkei climbed 1.25% as investors returned from a three-day weekend for the Emperor’s Birthday. The Shanghai Composite advanced 2.04%, the record gain since midsummer.
The Islamic State terrorist grouping has claimed responsibility for an attack on a base of the Federal National Guard Troops Service (Russian Guards) in the township of Naurskaya in Chechnya, a spokesperson for the Russian Guards public relations section told TASS."The Islamic State terrorist groupi [ ... ] Source: Russian Ministry of Defense/YouTubeThe Russian Defense Ministry has released video footage of ground units and various military hardware in training, including film of troops using the new advanced Ratnik infantry kit. The footage was shot during various military drills.The video features in [ ... ] Actions of the armed gang that attacked a Russian Guard unit in Chechnya might have been coordinated from Syria, said on March 24."Last night’s incident once again demonstrates that they were not petty hooligans. We are fighting against bandits, against terrorists. They are well-trained, they are [ ... ]
|
