RIA "Oreanda", 17 April, 2002

(MOSCOW). The first IPO in Russia will be started at the Moscow Interbank Currency Exchange tomorrow: JSC Information Systems will offer its shares at the price of $0.83 to investors. The Aton Investment Company acts as an underwriter of the floatation. Analysts of other investment banks warn about the high risk of liquidity of these shares.

VEDOMOSTI (MOSCOW). Despite positive news, the share market reduced a little. The RTS Index dropped by 0.37% and reached 370.90. The volume of tenders amounted to $17 million.

Copyright 2002 RIA OREANDA. All Rights Reserved