Skip forward for Rosneft on the Moscow Stock Exchange. The oil group, in the aftermath of the announcement of the partial privatization by the Kremlin, with the sale of 19,5% of the capital to the sovereign wealth fund of Qatar, Qia, and Glencore, recorded increases of around 5% in Moscow, quota 373,90 rubles per share.
Rosneft is the main blue chip on the Moscow stock exchange, with a capitalization of 58 billion euros. Thanks to the sale announced yesterday, the Russian government will be able to reduce the budget deficit while maintaining control of Rosneft with a stake of just over 50 percent of the capital.
