Kiwi shares are last week's outsiders. After the imposition of fines and restrictive measures in relation to payments to foreign companies, the securities lost more than 20% of price at once, returning to the March lows.
This is not the first such situation for the Bank, so investors reacted quickly and harshly. As a result, Qiwi shares lost almost half of their value during the fall and winter of 2020, and in general, the decline may well continue, despite the strong support in the region of 800 rubles.
Some experts say that now is the time to "catch the falling axe," that is, to pick up shares at such a low price, appealing to very good reporting. This is where everyone has to make their own choice, because although the quotes have stopped falling sharply, the Central Bank still has questions for the bank and the unblocking of services has not happened.
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