Erste Asset Management Investment Blog

12 results for keyword "equity markets"

Article on tag "equity markets"

What has become of the “oil x 20” rule?
What has become of the “oil x 20” rule?
Foto: iStock.com

What has become of the “oil x 20” rule?

The oil and gas sector is the backbone of the Russian economy. It contributes roughly a quarter to the Russian GDP, and it accounts for almost two thirds of exports. Oil and gas companies represent almost 60% of the market capitalisation of the Moscow stock exchange. It therefore makes sense to analyse the performance of […]