Russian stocks rise on better background, oil price rebound - 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 rise on better background, oil price rebound

MOSCOW, Oct 10 (PRIME) -- Russian stocks increased on Thursday backed by the improvement of the foreign background and an oil price rebound, analysts said.

The MOEX Russia Index grew 0.31% to 2,721.51 and the RTS rose 1.02% to 1,330.92.

УThe MOEX Russia Index and the RTS Index went into plus by the end of trading on Thursday amid the improvement of the foreign background,Ф Veles Capital analyst Yelena Kozhukhova said.

Trading on the U.S. stock floors opened without single dynamics of three main indices, which were adding around 0.8% by the end of the trading session in Russia. The main attention of investors was paid to the resumption of trade negotiations. Trading in Europe was on an optimistic note.

Oil prices resumed growth by the evening and were adding over 1% thanks to the improvement of the foreign background and hopes that the U.S. and China will strike a trade agreement.

Power producers Wholesale Generating Company-2 (WGC-2) and Inter RAO were among growth leaders, rising by 6.23% and 1.64%, respectively.

Real estate developer PIK Group was among outsiders, losing 11.17% after minority shareholder Firlibia Holdings Limited sold 14.2 million shares in the company with a discount to the market.

Oil major Rosneft decreased 2.88%.†

Below are the MOEX Russia IndexТs five most active stocks on Thursday:

Company Change, % Last price, rbl Trading volume, bln rbl
Sberbank +0.35 228.50 7.203
Gazprom +0.59 224.50 3.285
Lukoil +0.27 5318.50 2.194
Rosneft -2.88 409.00 2.079
Norilsk Nickel +0.22 16140.00 1.851

(65.0976 rubles Ц U.S. $1)


10.10.2019 19:22
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 78.4431 +0.6466 23 may
USD 71.8804 +0.9564 23 may
Stock Market Indices
1D 1W 1M 1Y
rtsi 1188.47 -1.48 18:50 22 may
micex 2709.38 -0.34 18:50 22 may
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 194.35 -0.20 18:49 22 may
lkoh 5317.00 +0.59 18:49 22 may
rosn 364.50 -0.68 18:49 22 may
sber 188.90 -1.82 18:49 22 may
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 78.0350 -0.5850 14:59 22 may
USDTD 71.7525 +0.8975 17:44 22 may