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 approved an application from Spain for assistance under the European Globalisation adjustment Fund (EGF).
more »
Green issues continue to dominate the headlines, as MEPs from the Transport Committee vote Wednesday on possible new charges for lorries, based not only on CO2 emissions but other factors such as noise and air pollution and congestion.
more »
High level representatives from business, higher education and politics are meeting in Brussels on 5-6 February for the 2009 European University-Business Forum.
more »
Bailoutbooth.com is doling out $50 and $100 bills to anyone over 18 who can explain why they need it.
more »
China's big three airlines are predicting a bumpy ride for 2009. With the global economic slowdown, failing passenger demand and cost pressures, all three carriers are feeling the credit crunch's bite.
more »
The Czech EU Presidency aims to give a new impetus to European car industry, a key sector that has been seriously hit by the global economic crisis.
more »
Opening a new front in the fight against climate change, cities across Europe vow deeper emission cuts.
more »
Taking into account changes on international and domestic money markets AB DnB NORD Bankas, a member of international financial group, has changed individual and corporate customers time deposit rates.
more »
A European Commission report shows that structured dialogue between workers' and employers' representatives can help the EU face the economic crisis.
more »
Dennis Kozlowski, the ex-Tyco CEO who spent 6 thousand dollars in company money on a shower curtain, has plenty of company today in the corporate shame game.
more »