The Russian share market has returned to growth in the second half of March. As any significant positive events in the country hasn't occured, demand for shares was supported mainly by the speculators who are winning back stabilization of situation in Japan. The beginning of high-grade operations in Libya practically wasn't reflected in the raw market as it was supposed before. Most likely, oil traders were influenced by assurances of other big exporters of power resources that they can compensate the deficiency of oil in the market.The price for grade oil "brent" keeps around $115 for barrel from the beginning of MArch on this background. During some next weeks "the bull" moods can amplify in the Russian market in connection with the beginning of the period of closing of shareholders registers for payment of dividends. However, a recovery work in Japan can become one more driver of growth, because they will demand a considerable quantity of building materials, including a metalware, and also power resources. Thus, the next 2 months already traditional picture can be realized in the market: growth in April and the subsequent correction in May. At the same time, strategic investors while have almost nothing to be afraid and expediently to increase portfolios of shares by means of papers of 2-nd echelon which have essentially fallen in price in last weeks. Analytical department