The market won back Gazprom’s dividends // But there is little left for further growth of forces
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Last week, the Moscow Exchange index returned to above 2,000 points. During the week, the index rose by almost 5%, having won back the fall of the beginning of the month. Even in the absence of further escalation, experts do not expect strong growth in quotations in the coming months, as uncertainty remains. Under such conditions, managers prefer companies from sectors focused on local demand, and are wary of mining companies, which suffer more not only from sanctions, but also from an increase in the tax burden.
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