Denunciation of the YUKOS-Sibneft merger will negatively affect YUKOS and it will be neutrally positive for Sibneft, an Aton Capital analyst told RBC TV. YUKOS may stay alone in its affairs with law enforcement agencies and state authorities. According to the expert, YUKOS share prices will drop to about $8 to $9 per share in the near future, which is 15 to 20 percent lower than the current level. In its turn, this may trigger a downward trend on the market, he added.
Earlier some mass media sources reported about negotiation of representatives of major shareholders of YUKOS and Sibneft in London where they had decided that the two companies would remain independent.
On the MICEX exchange YUKOS has dropped by 2.9 percent while Sibneft has added 1.8 percent. On the RTS exchange YUKOS shares lost 3.44 percent at 12:30 Moscow time.
An explosion of household gas occurred in a nine-storeyed apartment building in the city of Shakhty, the Rostov region of Russia. The blast destroyed two storeys of the building