Russian Stock Market Update
OREANDA-NEWS. October 4 activity on the Russian market of shares was low . RTS index changes just slightly. Despite of important news on several companies, investors were not in rush to either buy or sell Russian stock. Hence, at the end of day RTS remained literally unchanged. The metallurgy sector was down, with almost all of shares dropping quotes. Most probable reason for such a fall is, in the opinion of Veles Capital experts, income fix after latter's growth. Once more the rising interest towards representatives of telecoms sector had been witnessed.
RTS of Thursday lost 0.14% going backwards to 2090.08 points. Top index sappers were shares of: Sberbank (-2.42%), Rosneft (-1.75%) and Tatneft (-2.82%). Index was supported by shares of: Gazprom (+1.61%), NOVATEK (+8.41%) and Norilsk Nickel (+0.93%). Total turnover of RTS has formed 65 mn USD, with topping leaders - UES (15.8 mln USD), Sberbank (12.4 mln USD) and Norilsk Nickel (11.7 mln USD). The Veles Capital experts assume that many Russian securities are overheated, so a correction may happen.
Комментарии