Reports » Russia
Russian stock market daily morning report (March 09, 2010, Tuesday)
By Veles Capital
The last pre-holiday session made a good present to the investors. So, against the background of not bad stats from the U.S. and Germany the Russian market closed in good positive. Support also came from the commodities prices upping. A big part was played by the total positive around the largest intrigue of the recent months problems of Greece, which has placed its state bonds issue successfully.
Main news
Severstal completed 4Q 2009 with net loss by IAS in the amount of 162 mn USD.
Severstal closed the 4Q 2009 with net loss by IAS in the amount 162 mn USD versus net profit 71 mn USD a quarter earlier, imparts the report of the company. Net loss within the entire 2009 formed 1.037 bn USD.
Other news
- Transneft is working in advance on BTS-2.
Transneft might complete the construction of the liner section of the BTS-2 oil pipeline till the end of 2010, imparts the message of the company, announced Interfax.
- Strong results of WGC-6 by RAS by the results of 2009.
Sales of WGC-6 in 2009 by RAS dropped versus 2008 by 1% and formed 41.9 bn RUR. Cost of WGC-6 dropped 10% and formed 34.6 bn RUR.
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