Share prices were going up all day long and the majority of them surpassed yesterday_s closing level by 4-6 per cent reaching this year_s high by 16:30 today.
Published:
24 March 2000 y., Friday
For instance, stocks of RAO UES of Russia, the national power utility, amounted to $0.2 per share, LUKoil approached a level of $14 per share. Unlike Russian blue chips, stock indices have not reached their high. Despite staying quite low this morning, volumes of concluded deals increased in the middle of the day and surpassed the average trading volume of this week by 16:30. Investment experts believe that increasing world indices and the stabilization of oil prices triggered this stock growth. Positive expectations of the presidential elections also provoked the price growth. If a new Russian President is elected in the first round, the market will continue rallying, experts said. The MICEX index advanced 1.95 per cent to 244.85 points by 16:30, the RTS index rose 3.97 per cent to 221.01 points. The RBC index, which is based on data provided by various trading sites, was up 3.31 per cent to 42.15 points. The RTS trading volume amounted to $25.6m, the MICEX volume came to RUR1.5bn ($52.9m).
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 11 February, heads of state or government of European Union member states will meet in Brussels to seek a commitment towards implementing a revitalised economic strategy to boost employment and growth in the EU.
more »
International Monetary Fund forecasts that Lithuania’s economy will grow 1.6 % this year, making it “the only one of the three Baltic economies expected to be in the positive territory in 2010”.
more »
Raynair announced it would open its 40th and 1st Central European base at Kaunas, Lithuania’s second largest city, in May with 2 based aircraft and 18 routes.
more »
A new Partnership Strategy for Morocco has been approved by the Board of Executive Directors of the World Bank.
more »
The electric car is an opportunity for European industry.
more »
The EBRD’s Board of Directors has adopted a new strategy for Kazakhstan, which reinforces the Bank’s commitment to further support the Kazakh economy and sets out the priorities for its activities in the country over the next three years.
more »
The European Commission has authorised, under EU state aid rules, plans notified by Sweden to provide a guarantee that would enable Saab Automobile AB to access a loan from the European Investment Bank (EIB).
more »
At the informal meeting of the Ministers of Competitiveness (Science and Industry), to be held between 7 and 9 February in San Sebastian, the issues on the table will include placing science at the top of the EU agenda and showcasing its role in economic recovery, as well taking the debate on the electric vehicle to EU level.
more »
The Executive Board of the International Monetary Fund (IMF) today approved a 27-month Stand-By Arrangement with Jamaica in the amount of SDR 820.5 million (about US$1.27 billion) to support the country’s economic reforms and help it cope with the consequences of the global downturn.
more »
Mr. Nadeem Ilahi, chief of an International Monetary Fund (IMF) staff mission to the Kyrgyz Republic, issued the following statement today in Bishkek.
more »