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
Standard & Poor's (S&P) affirmed Lithuania's long-term investment grade sovereign foreign currency BBB credit rating and removed it from a CreditWatch negative position, citing government commitments to address deteriorating public finances.
more »
The EBRD-EIB Multilateral Carbon Credit Fund (MCCF) and Azerenerji Joint Stock Company are collaborating in order to promote energy-efficient power generation in Azerbaijan.
more »
U.S. President Barack Obama, meeting with the leaders of Mexico and Canada, called on all three nations hit by the global recession to avoid resorting to protectionism.
more »
A 10-year $75 million EBRD loan will finance the construction of a combined heat and power plant in the east Siberian city of Krasnoyarsk which is expected to improve energy efficiency and cut pollution by 14 percent thanks to the use of more environmentally-friendly technologies.
more »
The Directorate-General for Competition has issued a review of the aid schemes introduced by Member States and approved by the Commission during the financial crisis.
more »
Rescue planes from New Zealand have been taking part in a massive search for passengers after a ferry sank off the coast of Tonga. At least 27 people are missing.
more »
Courtney Adams has always loved cooking. As a kid she baked brownies for her friends and in college her apartment was the place to go to for a home-cooked meal. But she never thought she'd cook for a living.
more »
The European Commission has authorised, under EC Treaty state aid rules, a scheme offering reduced-interest loans to businesses investing in the production of environmentally friendly products, as part of the German package to tackle the current economic crisis.
more »
Ramūnas Bičiulaitis, former board member and financial director of AB LEO LT, starts working as head of the Finance Department of Danske Bankas.
more »
The EBRD has kept up a rapid pace in the syndicated loans market, defying difficult market conditions and pulling together nine deals so far this year, worth a total €1.2 billion.
more »