Russian investors pin great hopes on oil shares, but they are afraid of them
Published:
27 April 2003 y., Sunday
Russian investors pin great hopes on oil shares, but they are afraid of them, according to analysts of BCS. Sudden growth of quotations this year made everybody believe in good perspectives of investments on stock market, but experience of collapse of prices suggests that stable growth is the matter of tomorrow. That is why certain "unloading" of oil shares is registered today. This is caused by decrease of world oil prices. This happens against background of low volumes traded, which means that the prices were driven up not only stags.
There are not many securities that can be considered an alternative to oil: regional telecommunication companies, Sberbank and power industry represented by Mosenergo and RAO UES. Mosenergo flew up 5% and RAO UES slightly grew.
According to analysts, adjustment of prices will be continued today against negative dynamics of foreign indices.
Šaltinis:
oreanda.ru
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission has authorised under EU state aid rules a €550 million capital injection and a €400 million guarantee in favour of the Austrian bank BAWAG. P.S.K. The Commission found the measures to be in line with EU state aid rules.
more »
EUROSTAT has reported that the sharpest annual decrease in hourly labour costs of -10.9% was observed in Lithuania in the 3rd quarter of 2009.
more »
Statistics Lithuania informs that, according to the Labour Force Survey data, the number of the unemployed in III quarter 2009 made 228.1 thousand.
more »
What has come to be termed as the "Great Recession" seems to have come to an end in the third quarter of 2009.
more »
The European Commission has authorised, under EU State aid rules, a measure adopted by Lithuania to limit the adverse impact of the current financial crisis on exporting firms.
more »
The schedule of Vilnius International Airport (VIA) is supplemented with 3 more new directions; the airline company airBaltic starts regular flights to Paris today, to Munich tomorrow, and to Berlin on Monday.
more »
The Governing Council of the European Central Bank (ECB) has decided to start the main construction works for its new premises in spring 2010.
more »
AB Bank SNORAS was granted the award from NASDAQ OMX Baltic Stock Exchange for the jubilee 15-year listing of the bank’s shares on NASDAQ OMX Vilnius Stock Exchange.
more »
Parex banka has established a subsidiary, SIA NIF, which will professionally manage assets that are not related to the Bank’s core business.
more »
Mariann Fischer Boel, European Commissioner for Agriculture and Rural Development, today put forward a plan to ensure that Greece will put in place the systems necessary to allow EU aid payments to be made to farmers.
more »