Investors need to pick up Russian stocks, such as Mobile TeleSystems and Norilsk Nickel, as they have become cheaper compared to their EM peers, Morgan Stanley analysts believe, Bloomberg news agency reported. MS experts raised their recommendations on Russian businesses to Outperform from Market Perform. This year Russias stock benchmark RTS dropped 4.8%, while the global index MSCI EM advanced 3.2%.
Read More...
[Source: Russian Stock Market Blog]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment