Rosneft’s and Novatek’s stocks fall by 5% in value
Edited by Rhod Mackenzie / 2014-07-17 08:33:44
Rosneft’s and Novatek’s shares fell by 5% in in value at the opening of bidding, MICEX reports. As of 10:16 (GMT +3), Rosneft’s shares dropped by 4.7% to 232.65 rubles.By the end of the morning, they were down by 6.2% at 229.02 rubles, the minimum level since June. Novatek’s stocks dropped by 4.2% to 383.5 rubles, having slowed down the fall from 5.1% as at 10.09 (GMT+3). By the end of the morning, they were down by 8% to 368.17 rubles, the minimum level since May.