Another fall of Mechel’s shares

There is another fall of Mechel’s shares on the MSE. Before that a new historical minimum had already set – 23%. By the end of trades the cost of shares fell by 25.3%. A sharp fall of Mechel’s shares started after the President Putin at the meeting with the head of VTB, A. Kostin, warned of a probable problems rise. They might concern those participants of the economic activity that won’t follow the financial rules and won’t check the level of their credit obligations. Though Mechel was not mentioned at the meeting, many investors think it was about this company.

 

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