Source Pravda.Ru

Surging RAO UES stocks push RTS index higher

A considerable rise is still observed on the Russian stock market amid demand for separate securities. Due to demand from a strategic investor, RAO UES shares reached a record high level after April 1998. As of 2: 10 p.m. (Moscow time) RAO UES surged by almost 10 percent. This led to an advance in the RTS index. It surpassed 470 points and reached a maximum level after the fall of 1997.

Stock analysts forecast positive dynamics will continue on the domestic stock market. Simultaneously, some analysts admit there was no single tendency on the market today. Except for rising shares of RAO UES of Russia and Norilsk Nickel, securities are seeing a sideways trend. Experts also reported that a rather high volume of deals on RAO UES shares was observed along with the low activity of traders in regard to other blue chips.

© &to=http://www.rbc.com' target=_blank>RBC

Comments
The INF issue
USA plays to pretend a mighty dragon that can no longer breathe fire
USA plays to pretend a mighty dragon that can no longer breathe fire
Russians lose faith in their future, get ready for worse
Russians lose faith in their future, get ready for worse
Brexit: The UK's misunderstanding of Democracy
Brexit: The UK's misunderstanding of Democracy
Macron challenges Trump. French independence and croissants at stake
Macron challenges Trump. French independence and croissants at stake
Brexit: The UK's misunderstanding of Democracy
Putin dislikes the idea of US army bases coming to Kuril Islands
Putin dislikes the idea of US army bases coming to Kuril Islands
Putin dislikes the idea of US army bases coming to Kuril Islands
Russia and USA fight even in space: Americans damage Soyuz deliberately
Russia and USA fight even in space: Americans damage Soyuz deliberately
USA plays to pretend a mighty dragon that can no longer breathe fire
Argentina's coast guard sinks Chinese trawler
Brexit: The UK's misunderstanding of Democracy
USA plays to pretend a mighty dragon that can no longer breathe fire
Russia rips its economy apart with help from the West
Brexit: The UK's misunderstanding of Democracy