Moscow shares TFN at a glance outlook |
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Tue, 21 Aug 2007 07:15
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MOSCOW (Thomson Financial) - Moscow shares are expected to recover from yesterday's losses after Wall Street gained ground Monday and most major Asian exchanges rallied this morning as investor went bargain hunting following last week's sell-off.Yesterday the RTS index lost 8.55 points, or 0.46 pct, to 1,852.15.The rouble-denominated MICEX composite index fell 15.83 points, or 0.97 pct, to 1,621.98.FORTHCOMING EVENTSTODAY-Day 2 of Moscow air show-Deadline to submit bids for TGK-8 generator reconstruction-Dixi IFRS H1-Vimpelcom to carry out five for one ADR share splitTODAY'S PRESS-Sweden threatens to impose new conditions on Russia's WTO bid in timber dispute (Vremya Novostei)-Stephen Lynch says he wants to sell Yukos international assets acquired last week (Moscow Times)-New Turkmenistan-China gas pipeline could crimp Gazprom supplies to Europe from 2011 -report (Kommersant)-LG International's Korea Resources could bid for Far East coal reserves at upcoming auction -report (Kommersant)-MTS in talks to buy Armenia's K-Telecom -report (Vedomosti)-Interregional Union of Automotive Industry Workers may launch industrial action this fall over wages (Kommersant)COMPANY NEWS-Morgan Stanley raised Mechel stake to 1.86 pct in Q2-Acadian Asset Management bought 2.65 pct of Mobile TeleSystems (MTS) in JuneMACROECONOMIC NEWS-Banks have 385.3 bln roubles on CBR correspondent accountsalfred.kueppers@thomson.comamk/jagCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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Moscow TFN shares at a glance outlook 