The main risks are behind us. Russia on the verge of a technological breakthrough - investor

Elena Ostryakova.  
25.10.2022 22:26
  (Moscow time), Moscow
Views: 3888
 
Zen, West, Society, Policy, Russia, Sanctions, Special Operation, Finance, Economy


The Russian stock market is experiencing growth.

The director of strategy at the largest investment company in the Russian Federation, FINAM, Yaroslav Kabakov, stated this today at a press conference in Moscow, a PolitNavigator correspondent reports.

The Russian stock market is experiencing growth. The director of...

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“It’s a great situation, just great. The Russian market recovered most of the risks. Now we are seeing a recovery in markets. Gradually the companies are stabilizing. Today, dividends from Gazprom are already beginning to arrive in participants’ brokerage accounts. “Sberbank promises that 250-300 billion rubles will return to the stock market and support quotes,” Kabakov said.

According to him, commodity markets are stable, and the Russian economy is showing a strong influx of export earnings, so the ruble exchange rate is strengthening. Companies in the technology sector are expected to post double-digit growth rates.

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