Russian stock indices decline on global pessimism
MOSCOW, May 29 (PRIME) -- Russian stocks decreased on Tuesday in line with European indices amid a worsening political crisis in Italy caused by disagreements over formation of a new government, analysts said.
The MOEX Russia Index fell 0.57% to 2,298.00 and the RTS decreased 1.05% to 1,154.90.
УIn Europe, Сthe Italian dramaТ continues. The Italian bond yields are growing, while the countryТs stock market is falling by 3%. Amid such background, the wave of sales touched almost all the floors Ц the Russian stock market was no exception. However, domestic pessimism did not show itself on such a large scale,Ф Otkritie Broker analyst Andrei Kochetkov said.
Oil major Gazprom Neft lost 0.39% despite reporting that its net profit attributable to shareholders rose 12.4% on the year to 69.665 billion rubles in JanuaryЦMarch, as calculated under International Financial Reporting Standards (IFRS).
Construction company Mostotrest added 1.64% after its board of directors recommended paying 3.003 billion rubles, or 10.64 rubles per common share, in dividends for 2017.
Shares of container shipping company TransContainer decreased 0.89% after the company said its IFRS net profit grew 7.5% on the year to 1.146 billion rubles in JanuaryЦMarch.
Below are the MOEX Russia IndexТs five most active stocks on Tuesday:
|Company||Change, %||Last price, rbl||Trading volume, bln rbl|
(62.2710 rubles Ц U.S. $1)