21 June 2004 09:46
Russia`s Yukos shares rise following finance minister`s assurances
Moscow, 21 June: Yukos shares rose erratically by 7 per cent to R268.77 in early trading today at the Moscow
Interbank Currency Exchange [MICEX] after Finance Minister Aleksey Kudrin had made a statement to the effect that the
Russian government did not want to see major companies go bankrupt.
The minister stressed that Yukos "has enough funds to pay its taxes". Aleksey Kudrin added that Yukos had
submitted a schedule for tax debt repayment to the Ministry of Taxes and Levies.
Against this positive background, other Russian securities rose by 1.5-3 per cent at MICEX, PRIME-TASS reports.
[ITAR-TASS news agency] |
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