Shares “Razgulyai” grew by almost 15% on corporate news

Shares “Razgulyai” grew by almost 15% on corporate news


In the morning the agricultural group grew by 13.7%, in the morning they rose in price by 14.7% to 10,45 ruble. The MICEX index was increased by 0.6%.

MOSCOW, 28 Mar. Shares “Razgulyai” in the early days was increased up to 3.5-month highs amid corporate news, according to the data of the Moscow exchange.

MSK 10.19 to the agricultural group grew by 13.7%, in the morning they rose in price by 14.7% to 10,45 ruble — highest since December 7, 2015. The MICEX index was increased by 0.6%. However, trading volumes in securities “Razgulyai” remain low — about 20 million rubles.

The group Rusagro, one of Russia’s largest agro holdings, is buying the group “Razgulay”, which owns a 20% stake in three sugar factory in the Oryol and Kursk oblasts, as well as the land around these factories with total area of 86 thousand hectares, said in the press release “Rusagro”.