Source Pravda.Ru

Stocks edge up on YUKOS news

The Russian stock market opened with a slight rise in prices on the appointment of Semeyon Kukes to the post of YUKOS CEO, analysts reported in an interview with RBC. They believe the market will react positively to this appointment and stressed that Kukes was well-known as a professional who took part in the merger between Tyumen Oil Company and British Petroleum. At the same time, experts state this appointment will not result in significant fluctuations on the domestic stock market. They explained that the main factor was the resignation of YUKOS head Mikhail Khodorkovsky while the appointment of Kukes was an expected event.

Other stock analysts do not rule out a slight downward correction on the market due to some technical factors. They recommend abstaining from transactions on the domestic market until the situation around YUKOS clears up.

Comments
Amnesty International wants world leaders to ignore World Cup 2018 in Russia
Iran's next moves on nuclear deal much more important - Kremlin
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Iran's next moves on nuclear deal much more important - Kremlin
Donald Trump suddenly falls for glorious Russian tradition to hold military parades
Students of UC reinvent the consumption of legumes
Iran's next moves on nuclear deal much more important - Kremlin
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Russia threatens to raise tariffs on US goods worth $538 million
Iran's next moves on nuclear deal much more important - Kremlin
Venezuela may expect another Panama scenario from 1989
Pentagon's goal in the Middle East is to trigger major war between Israel and Iran
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Foreign Ministry official explains why Russia had to sell Alaska to US
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
British football fans spineless to unleash World War Three in Russia during World Cup