A drop resumed on the Russian stock market on Friday.
Published:
10 April 2000 y., Monday
One of the main reasons for this drop was the strict measures which the Council of Europe is going to take against Russia. Yesterday, participants of the market did not regard this information as possible to have a negative impact on the dynamics of share prices. However, this news became one of the most important factors that influenced the beginning of today's trading. The most cautious traders decided not to risk and started to fix their profits. This resulted in a drop in prices at the very beginning of the trade. By midday, Russian shares dropped by about 3.5%. The MICEX index was down 0.6% at 246.95 points in the first hour of trade. The RTS index went down by 1.47% to 219.15 points, and the RBC index, which is calculated from data coming from various trading floors, dropped by 1.72% to 40.06 points. The activity of traders was higher today. The MICEX trade volume reached 442m rubles ($15.41m), and the RTS volume of trade amounted to $8.8m by 12:00.
Šaltinis:
RBC
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 Investment Bank is providing a EUR 718 million strong support for rail transport, electricity distribution as well as energy efficiency and renewable energy in Turkey.
more »
The European Investment Bank (EIB) has approved a EUR 150 million loan for expanding the Port of Barcelona. EIB Vice-President Carlos da Silva Costa and the Chairman of the Barcelona Port Authority, Jordi Valls, signed the finance contract in Catalonia’s capital.
more »
The extent to which hedge funds should be regulated is one of the key issues facing MEPs on the Economic and Monetary Affairs Committee.
more »
The European Investment Bank (EIB) is lending CZK 2 billion (approx. EUR 73 million) to the Municipality of Plzen (West Bohemia) to implement priority urban regeneration schemes identified in the city’s 2004 Development Plan.
more »
High-speed rails, supporting indigenous people's rights, protecting nature and wildlife, student loan facilities, construction and refurbishment of hospitals and reduction of industrial pollution are just a few projects supported by the European Investment Bank.
more »
The European Commission has authorised, under EC Treaty state aid rules, €14.3 million of aid, which the Slovak authorities intend to grant to Volkswagen Slovakia, belonging to the Volkswagen AG, for the transformation of an existing plant in Bratislava.
more »
MEPs began acting on their new Lisbon Treaty power to co-decide fisheries policy with Member States on 1 December - the day the treaty took effect - with a Fisheries Committee indicative vote on three legislative proposals.
more »
With seasons’ holidays approaching DnB NORD Bankas will offer better cash exchange rates for Great Britain’s pounds, Swedish, Norwegian and Danish krones until 31st December.
more »
The European Investment Bank (EIB) today agreed to provide a EUR 40m loan to FirstRand Bank to promote energy efficiency and renewable energy projects across South Africa.
more »
The European Commission has today approved an application from Lithuania for assistance under the European Globalisation adjustment Fund (EGF).
more »