Rosneft overtook Sberbank and became the most valuable company in Russia. What to invest in now?
The rise in oil prices and the acceleration of quotes with the help of the announcement of a generous buy-back did not disappoint Rosneft: today, for the first time since 2016, the company has become the most expensive in Russia. But the point is not only that Rosneft has risen in price (by 37.1% since the beginning of the year), but also that the previous leader, Sberbank, has fallen in price by 15.8% over the same time.