The panic in the market will be stopped by state interventionSupport of the Russian stock market from the state would help to stop a panic and to stabilise a situation. Such opinion was stated to journalists by the first deputy of the chairman of committee of the State Duma on the credit organisations and the financial markets Pavel Medvedev.
“ investors yet have not taken money from the market. State intervention will promote its improvement “ - the deputy believes.
making comments on a current situation in stock market, P.Medvedev has noticed that besides “ naive participants of the market “ which have given in to a panic and began to deduce money, for a situation banks influence also. “ banks face a dilemma - whether to fix it losses since, according to specifications, they cannot lose more than certain percent of actives, or to wait still while the situation will not change “ - P.Medvedev has explained.
In its opinion, state intervention can be applied exclusively as an emergency measure. “ it is bad, when the state deforms the intervention market prices, but it seems to me that they are already deformed by a panic “ - P.Medvedev has noted.
as a measure which the state can accept in such situation, he named the repayment of actions of the state companies traded in the market. “ it is possible to buy in addition actions of the companies - let 2 more %, but for the market it will be a positive signal “ - the deputy has told.