The stock of Rostelecom surged 1% after reporting

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The shares of Rostelecom on the Moscow stock exchange are rising in price by more than 1% and look better than the market after the strong statements in accordance with IFRS for the year 2017.
By the end of 2017, the company’s revenue rose 3% to 305,329 billion, the company exceeded its forecast for revenue growth (1.5 percent). Net profit for the year 2017 in accordance with IFRS increased by 15% to 14.05 billion.
14:13 Moscow time ordinary actions “Rostelecom” have risen in price on the Moscow exchange on 1.13% – 68,81 ruble. Index Masuri by this time rose 0.31%, to 2316,87 points.
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Ivan Marchena,
Analyst
Forex Club