January 27, 2012 - 11:22 AMT
Sergei Movsesian currently 11th at Gibraltar Chess Festival

In the 3rd round of Tradewise Gibraltar Chess Festival Sergei Movsesian tied a game vs. Kaido Külaots (Estonia). Gabriel Sargissian suffered a defeat by Sabino Brunello (Italy), while Varuzhan Akobian (U.S.)- Irina Krush (U.S.) game ended in a draw.

With 2,5 points Movsesian comes 11th, Sargissian is 35th with 2 points while Akobian is 45th.

Winners of the 1st-3rd places in men’s championship will receive 20, 12 and 8 thous. pounds respectively. Winners of the same places in women’s championship will get 10, 7 and 5 thous. pounds respectively.