Reports » Russia
Russian stock market daily morning report (August 31, 2010, Tuesday)
By Veles Capital
The trading week began actively at the Russian share market. The foreign background was favorable to the shares, oil was climbing, which leaded to the good open. Among all the shares being traded we should outline the preferred shares of Rostelecom, which added a bit less than 10% due to information on possible change of dividend policy relating the preferred shares. Along with that, the shares of IRC Svyazinvest were climbing also. We should outline the shares of AvtoVAZ - on Monday the had of government Vladimir Putin announced continuation of import duties for cars raise, which definitely is positive for the car-maker and leaded to its quotes growth.
Main news
Currently it is reasonable for the company to buyback the additional share portfolio from the American ConocoPhillips.
President of LUKOIL Oil Company Vagit Alekperov believes that currently it is reasonable to buy back the additional portfolio from the Ameircan ConocoPhillips.
Rostelecom is correcting the method of accounting dividends on the preferred shares.
Board of Directors of Rostelecom made a decision on calling an unscheduled shareholders meeting. It is planed to adopt intermediate dividends for 9 months of 2010 at the meeting. Besides, a matter of introducing changes to the company's regulations in the point of dividends calculation method: it is supposed to present the point in addition, which provides for counting dividends for preferred shares concluding from actual number of them.
News briefly
Oil and gas: Russia and China are planning to prepare a document that defines conditions of Russian gas deliveries in September.
Macroeconomy: Income and spending of U.S. citizens.
Macroeconomy: Business and consumer trust index in economy of Eurozone.
Telecommunication: Sibirtelecom summed up half year IAS results.
Consumer sector: Data on sale by Veropharm for 1H 2010.
Bank sector: Bank "Saint Petersburg" is attracting a syndicated credit.
Stock Market Forum
- Information about Stock trading - An Article
7 February 2012
- how do you find canada stocks to trade?
3 February 2012
- my stock to watch for tomorrow-CLD
3 February 2012
- Dynamic levels is all about showing the stock levels for last 12 years.
19 January 2012
- Bank of England Keeps Base Rate unaffected at 0.50%
13 January 2012
- Oil price rise fuels India's inflation
4 January 2012
- How to invest in stock market
27 December 2011
- Four Secrets to invest in Stock Market: Beginners Guide
27 December 2011
- Food inflation plunges to 4-year low of 1.81%
22 December 2011
- Nifty delete certain posts gains on GDP data
22 December 2011