Russian stocks fall dragged by decline of Western exchanges - All News - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Russian stocks fall dragged by decline of Western exchanges

MOSCOW, Jan 14 (PRIME) -- Russian stocks decreased on Tuesday dragged by negative dynamics of Western stock exchanges, analysts said. ††

The MOEX Russia Index fell 0.70% to 3,129.77 and the RTS decreased 0.91% to 1,604.96.

УThe MOEX Russia Index and RTS entered minus by the end of trading after renewing maximums earlier during the session,Ф Veles Capital analyst Yelena Kozhukhova said. †

Trading in the U.S. started with a decline of three main indices, which were losing around 0.2% by the end of the Russian session. Moods on European floors were moderately negative.

Brent and WTI oil quotations were gaining around 0.5% by the evening after MondayТs decline.

Hydropower giant RusHydroТs shares jumped 12.81% after CEO Nikolai Shulginov told Kommersant business daily that the company plans to prolong the updated dividend policy until 2025, Kozhukhova said. Under the basic scenario, RusHydro is to pay 50% of net profit under International Financial Reporting Standards (IFRS), but no less than the average amount of dividends paid for the last three years.

Moreover, there are rumors that RAO ES of the East may become the parent company of RusHydro.

Metals and mining company Mechel and gas producer Novatek were among outsiders, falling by 3.73% and 3.57%, respectively.†

Below are the MOEX Russia IndexТ five most active stocks on Tuesday:

Company Change, % Last price, rbl Trading volume, bln rbl
RusHydro +12.81 0.687 11.962
Gazprom -0.6 250.00 8.263
Sberbank -1.28 259.05 8.104
Norilsk Nickel -1.78 20000.00 5.829
Lukoil -0.15 6520.50 4.695

(60.9474 rubles Ц U.S. $1)


14.01.2020 19:43
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 77.9069 +0.1215 28 may
USD 71.0635 -0.0773 28 may
Stock Market Indices
1D 1W 1M 1Y
rtsi 1212.20 -1.04 18:50 27 may
micex 2741.02 -0.47 18:50 27 may
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 194.73 -1.08 18:49 27 may
lkoh 5352.50 -1.70 18:49 27 may
rosn 374.90 +0.13 18:49 27 may
sber 198.51 +2.32 18:49 27 may
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 77.7950 -0.3775 14:59 27 may
USDTD 70.6200 -1.1325 17:44 27 may