The company retains its moderately upbeat outlook for the Russian stock market in 2008. Year-end 2008 forecast for the RTS Index is 2,700, which implies overall market growth of no more than 20%. That said, the second-tier and greenfield stock segments hold potential for heftier gains. The most important thing is to zero in on the most promising sectors and single out the right companies for investment targets.

	18.01.2008	Credit Europe Bank: Russian economy. getting under skin.
	17.01.2008	Overall Strategic Outlook for 2008 by AntantaPioglobal
	17.01.2008	Ppecios shares

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Mentioned issuers:
- Acron (stocks: Acron, comm)
- Belon (stocks: Belon, comm)
- GAZ (stocks: GAZ, comm; GAZ, pref)
- Hals-Development (former Sistema-Hals) (stocks: Hals-Development (former Sistema-Hals), comm)
- KAMAZ (stocks: KAMAZ, comm)
- Kommunar BF (stocks: Kommunar BF, comm)
- Novoroscement
- OPIN (Open Investments) (stocks: OPIN (Open Investments), comm)
- RAO UESR
- Severstal (stocks: Severstal, comm)
- Silvinit
- Uralkali (stocks: Uralkali, comm)

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