Source Pravda.Ru

RAO UES shares demonstrate solid growth

Prices of RAO UES shares have been growing drastically during the trade on the Russian stock market today. The price of RAO UES shares exceeded yesterday's closing level by almost 4% by 1:30 p.m. on the Russian Trading System today, while the activity of traders in this market segment has been quite high. Speculators have been actively buying these shares before the debates on the bills on the electrical power industry in the State Duma, analysts believe. The decision of the RAO UES Board of Directors on the policy on dividends has also become a positive factor for the Russian stock market.

Experts pointed out that the situation for shares in Rostelecom and Mosenergo had been favorable on the market today. At the same time LUKoil shares have been declining at the fastest rate. Sales of these shares started on Friday, following the publication of a report for the third quarter prepared in accordance with US GAAP.

As a result, the RTS index has increased by 0.18% so far.

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