Sberbank shares reached 100 rubles for the first time since January 2014


Moscow. November 17. Ordinary shares of Sberbank on Tuesday afternoon reached the psychological barrier of 100 rubles apiece on the background of the overall market rise on expectations of easing geopolitical tensions and a thaw in relations between Russia and the West.

On the Moscow stock exchange by 14:12 MSK shares of Sberbank jumped to 100,05 rubles apiece (+4,4%) – maximum since January 2014. “Prefs” of the Bank rose to 74,22 rubles (+4.1 per cent) – the highest rate since February last year.

The MICEX index rose to 1789,51 points (+2,9%) – the highest since March 5; the RTS – to 860,37 points (+4.4 per cent).