The shares of the Russian Sovkomflot jumped against the background of the news about Trump’s victory
The Russian stock market rose sharply amid news of Donald Trump’s victory in the United States presidential election.
On November 6, the Russian stock market began trading with active growth on the news of Donald Trump’s victory in the US presidential elections, the “Liga” reports.
Against the background of these announcements, the Moscow Stock Exchange index, which includes quotations of the largest Russian companies, rose by 4.1% — the highest figure in the last year.
Shares of leading Russian companies showed significant growth: Sberbank rose by 3.4%, Gazprom – by 5.1%, and Novatek – by 4.2%. Quotations of VTB, NLMK, Surgutneftegaz, Lukoil, Transneft and Sovcomflot also increased by more than 2%. Aeroflot shares added 5.5%.
As a reminder, at the end of February 2024, Sovcomflot and 14 tankers associated with the company were on the US sanctions list.
USM previously reported that analysts shared their predictions about the impact of Donald Trump’s presidency on global shipping.