VTB shares fell by 1.5%, the folk IPO is disappointing buyers
Since the time of the IPO, VTB shares several times lowering below the placement price - 13.6 kopecks. The minimum value - 13.38 kopecks were recorded on August 1. However, on August 7, the quotes fell even lower. At the MICEX, they fell into 1.5% to 13.34 kopecks, and during the trading, they reduced to 13.31 kopecks. VTB receipts on LSE decreased by 0.76% to $ 10.42. The Maisk placement of VTB has become the largest and most folk of all Russian IPOs.