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
Most EU countries continue to meet deadlines for incorporating single market rules into national law, contributing to economic growth and job creation.
more »
Japanese officials unveil their new bullet train, capable of travelling at speeds of 320 km per hour (198 miles per hour).
more »
The first International Security Technology Exhibition, KIPS 2011, will be held on 23-26 February 2011 in Kiev (Ukraine). The motto of the exhibition is ‘There can never be too much security!’
more »
The world's highest restaurant opens in Dubai, United Arab Emirates, located 400 metres above ground in Burj Khalifa, the world's tallest tower.
more »
The rights of consumers will be clarified and updated, whether they shop at a local store or buy goods on line, under new EU rules as amended by the Internal Market Committee on Tuesday.
more »
MEPs on Wednesday gave their green light for the Council to conclude an Interim Economic Partnership Agreement with Papua New Guinea and Fiji, two countries of the Pacific Region with significant exports to the EU.
more »
Report sets 10 priorities for tackling the bloc's main economic challenges, launching the first ever ‘European semester'.
more »
China's first capsule hotel ready to open its doors in Shanghai, aims to capture slice of booming leisure budget travel market.
more »
Declaration by Michel Barnier on the start of three new authorities for supervision.
more »
On 1 January, Estonia adopted the euro as its official currency and the changeover is running smoothly and according to plan.
more »