RU
Feb 2, 2017
FUTURE Financial Group entered the Top 100 most valuable Russian companies

FUTURE Financial Group entered The Top 100 Most Valuable Russian Companies according to RIA-Rating and currently holds 65th place. At the end of 2016, the capitalization of FUTURE Financial Group was USD 981 bln.

The placement of FG FUTURE's shares Financial group on the Moscow Exchange is Russia's first entry of pension funds into the stock market. Following the results of this transaction, the Group obtained RUB 11.7 bln worth of investments, including RUB 3 bln from retail investors.

In 2016, there were 2 large placements, as noted by RIA-Rating. "We can honestly say that in 2016 the placements were quite "exotic" yet successful. It may encourage Russian publicly-owned companies to expand the geography," experts from RIA-Rating say.

According to the rating, the total capitalization of the Top 100 Russian companies in the last year grew by 58%, or USD 233 bln, up to USD 635 bln. In the experts' opinion, the growth potential of the Russian stock market is rather significant as many companies are still undervalued.