Is Russia's RTS index poised for summer fling? If history is a guide, slump may be over; lure of other markets
Article Abstract:
Analysts and fund managers expect that spring selloffs in Russia's RTS index will cease, following a 9% drop since mid-April that erased early gains in the year. Causes for the poor performance include an overabundance of stock offerings and a less optimistic forecast for the oil and gas industries.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Forecasts, trends, outlooks, Russia, Forecasts and trends, Market trend/market analysis, Comparative analysis, Stock markets, Stock market
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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ArcelorMittal's profit thrives on global demand
Article Abstract:
Third-quarter net profit for Dutch steel company Arcelor Mittal rose 36% to $2.96 bil, driven by robust demand in India and China, which have increased steel prices. Revenue rose by 16% to reach $25.52 bil.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Sales, profits & dividends, Blast furnaces and steel mills, Netherlands, Company sales and earnings, Steel industry, Company earnings/profit, Financial report, Arcelor Mittal
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
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