Tuesday 12 April 2016

Rosneft is Bigger at London, Gazprom - at Moscow Stock Exchange



April 12, 2016

Tsargrad

Translated by Kristina Kharlova


Rosneft capitalization has surpassed the capitalization of the largest Russian gas monopoly at London stock exchange on Monday. Rosneft cost $51,083 million while Gazprom - $50,898 million. 

Gazprom is holding on to its leading position in ruble equivalent at the Moscow stock market  at 3,449 billion rubles, Rosneft - 3,419 billion rubles.  In the last 12 months Gazprom depreciated by 1.5%, while Rosneft appreciated by 26%. 

The gas monopoly lost the title of the most expensive Russian company. 




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