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
On 30th April this year, AB Bank SNORAS business loan portfolio, in comparison to 31st December 2008, i.e. during the first four months of this year, grew by 74 million Litas or 3.8 per cent, while the business loan portfolio of the most banks operating in Lithuania was decreasing.
more »
London's financial district, Canary Wharf is transformed into a giant car showroom. Dozens of manufacturers and dealers have flocked to this part of the city to show off their latest models.
more »
In the latest edition of its 2009 survey, "ATMs and Cash Dispensers Central and Eastern Europe," Retail Banking Research Ltd. says the 15 countries it has tracked in CEE have once again shown exceptional growth.
more »
During the draw another five winners of the Danske Bankas monthly Scholarship award (a one off payment to the amount of 250 litas) were announced.
more »
The European Commission has authorised, under the EC Treaty’s rules on state aid, plans notified by Sweden to provide guarantees that would enable Volvo Personvagnar to access loans from the European Investment Bank.
more »
The European Union signed an interim Economic Partnership Agreement (EPA) today with Botswana, Lesotho and Swaziland.
more »
Commission proposes to immediately free up €19bn in earmarked funds to fight unemployment as recession takes its toll.
more »
Danske Bankas would like to inform all present and future customers that, as of 1 July 2009, the cash withdrawing fee from Danske Bankas' ATM network in Lithuania is to change.
more »
One day not so far in the future, Europeans may be able to buy a loaf of bread knowing where the flour came from.
more »
General Motors is getting closer to filing what would be the largest industrial bankruptcy in US history.
more »