Securities of Russian Companies Won Back a Fall on Stock Exchange in London
So, the papers of Lukoil as of 14:45 Moscow time are reduced by 19.7%, Rosneft - by 20.5%, Gazprom - by 16.7%, and Novatek - by 19.8%. Quotations of securities of mining companies also do not greatly win back their fall. Shares of Norilsk Nickel are down 11.8%, Evraz - 12.1%, Polymetal - 2.8%.
Sberbank securities are lost in price 18%, VTB - 12.6%. Shares of Russian retailers such as Magnit, Lenta and X5 Retail Group are down 11.5-18.5%. The collapse of shares of Russian companies is taking place against the backdrop of a decline in world oil prices. The cost of futures for Brent crude oil for delivery in May 2020 during trading on the ICE exchange in London fell by 21.7%, to the level of $ 35.46 per barrel.