Hi all!
I am publishing a weekly review from economist Konstantin Tserazov
Константин Церазов
22 мая 2024
Konstantin Tserazov: shares of Russian companies are becoming more expensive both in rubles and dollars
Tserazov Konstantin In the week from May 13 to May 17, the Moscow Exchange Index grew by 1.5%, and the RTS Index by 2.9%. Thus, shares of Russian companies have risen in price both in rubles and dollars. Both indices completed all five trading sessions in positive territory and exceeded the “round” levels of 3,500 points and 1,200 points, respectively. In addition, they closed at the highest levels since February 17, 2022 and September 19, 2022, respectively, and the difference in their percentage dynamics was due to the proportional depreciation of the dollar against the ruble. The Russian...
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23 мая 2024