The long-term investment opportunities that are offered from Russia’s growing economy is enough for investors to stay the course and keep their assets in the focused exchange traded fund (ETF).
Russia said this morning that they would end the conflict, but stopped short of saying they would withdraw, report Jeanne Whalen, Marc Champion, Andrew Osborn and Alessandra Galloni for the Wall Street Journal.
Things have appeared shaky for Market Vectors Russia (RSX) over the last few days. The clash over Russia and Georgia pertaining to the separatist province of South Ossetia sent the Russian RTS stock index down 6.5% to a two-year low on Friday, but by the market’s close on Monday, the index had already gained back 1.2%, report Emily Flynn Vencat and Natalia Vasilyeva for the Associated Press.