The authoritative international investment bank Morgan Stanley has changed the rating of Russia’s shares, lowering it to the “below the market” value.
According to the investment bank, the MSCI Russia indicator has increased by 13% this year. The Russian market has already reached its upper borders and its further growth is not yet possible.
The bank also stresses that the Russian Federation has quite good economic indicators, but their importance decreases due to the high probability of the introduction of new sanctions.
The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade