MOSCOW, Sep 23 (PRIME) -- The Russian stock market edged down on Monday following the downward dynamics of global stock exchanges and weak crude prices, analysts said.
The MOEX Russia Index lost 0.39% to 2,785.46 and the RTS fell 0.28% to 1,373.49.
“The Russian stock market continued downward correction, which began last week, on Monday, thanks to a negative foreign background. Russian stocks were pressured by the energy market environment with the Brent oil price losing around 0.5% and by the dynamics of the Western floors,” senior analyst at Promsvyazbank Bogdan Zvarich said.
The European stock indices lost around 1.2% and the major U.S. benchmarks fell 0.2% by the end of the Russian stock market's session, he added.
Otkritie Broker analyst Andrei Kochetkov said that the European market was discouraged by a continuing decline of Germany’s production activity.
Fertilizer producer PhosAgro, gold producer Polyus and power holding Inter RAO were among the biggest losers sliding over 1.5%.
Below are the MOEX Russia Index’s five most active stocks on Monday:
| Company | Change, % | Last price, rbl | Trading volume, bln rbl |
|---|---|---|---|
| Sberbank | -0.99 | 229.7 | 6.489 |
| Gazprom | -0.02 | 230.36 | 3.883 |
| Lukoil | -1.26 | 5420 | 3.374 |
| Norilsk Nickel | +1.12 | 16308 | 2.616 |
| Rosneft | +0.11 | 428.75 | 2.086 |
(63.8487 rubles – U.S. $1)
End
|
|
