 |
|
||
|
|||
|
|||
|
|
||
|
|
|
|
|||||
|
||||||||
|
|
|
Norilsk Nickel shares in demand, experts say
RBC, 05.08.2008, Moscow 15:59:25.Speculative demand for Norilsk Nickel stocks is high at the moment, experts told RBC TV today. The news on the announced share swap between Norilsk Nickel and Polyus Gold has been long-awaited by market participants and the current rise in the companies' stocks is the first reaction by investors, analysts say. Experts believe that the key players, who expect Norilsk Nickel shares to trade at $330-$350 each, have not yet joined the trading. The stocks are attractive and fundamentally undervalued, analysts note, adding that investors may once again become interested in buying metal company shares, which have been under pressure of late. As of 3:10 p.m., Norilsk Nickel was up 1.88 percent and Polyus Gold climbed 2.89 percent.
|
|||||||||||||||||||||||||||||||||||
