Shares of "Rosneft" Has Updated the Historical Maximum
OREANDA-NEWS The price of the "Rosneft" shares has updated the historical maximum, exceeding 500 RUB for paper, this is evidenced by trading on the Moscow exchange. The maximum value of the shares was 502,4 RUB per share (as of 12:29), the increase to the closing of the previous trading amounted to more than 2%.
The market capitalization of Rosneft is currently 5.3 trillion rubles, the company remains the most expensive in Russia, ahead of Sberbank, LUKOIL and Gazprom. In March, the capitalization of Sberbank has been more than 6 trillion rubles, and Gazprom was worth more than 7 trillion Later, their market capitalization has declined, which allowed Rosneft to become a leader.
Ruble capitalization of the company has overcome the mark of 5 trillion last week, several times before updating the historical highs. Then "Rosneft" has risen by 4.25%.
The main shareholder of Rosneft is the state Rosneftegaz (50,00000001%), also among the shareholders is the British BP (19,75%) qia sovereign wealth Fund (18,93%), the Swiss commodity trader Glencore (0,57%).
The company's shares are growing amid rising oil prices. Thus, the cost of futures for Brent crude oil with delivery in December 2018 during trading on the ICE exchange in London increased by 0.5% to 85.2 dollars per barrel.
Another reason for the increase in the value of shares - is report on the payment of interim dividends. For this purpose, the company decided to send to 154.5 bn In the first half of "Rosneft" got record profit. This figure has more than quadrupled — to 309 billion rubles.
Among other gainers on the Moscow stock exchange also are the paper "Russian grids" (3,5%), Mechel (+3%), Gazprom (+2.7%) and RusHydro (+2.3 percent). Index Mosberg as of 12:31 Moscow time has grown on 1,4% and amounted to 2383,63 points.