Russian stocks ease amid uncertain dynamics of foreign floors

MOSCOW, Jun 17 (PRIME) -- The Russian stock market eased on Wednesday amid mixed dynamics of global stock exchanges, analysts said.

The MOEX Russia Index lost 0.30% to 2,740.10 and the RTS fell 0.39% to 1,237.93.

“The Russian stock market consolidated near the level of the previous day’s closing during the day… The nearest Brent oil futures managed to recoup its morning losses to return to U.S. $41 per barrel by the end of the domestic trading session,” senior analyst at Promsvyazbank Bogdan Zvarich said.

A modest rise was seen on Western bourses with major European benchmarks adding up to 1% by the evening, and the U.S. Dow Jones and S&P500 demonstrating mixed dynamics in the first hours of trade, he added.

Veles Broker analyst Yelena Kozhukhova said that the local indices finished the day with a slight fall in light of a gradually worsening global environment.

Multi-industry holding Sistema was among the best performers rising 3.15% on the news of an advantageous sale of a 15.94% stake in children goods retailer Detsky Mir in association with the Russia–China Investment Fund (RCIF), she added.

Below are the MOEX Russia Index’s five most active stocks on Wednesday:

Company	Change, %	Last price, rbl	Trading volume, bln rbl
Sberbank	+0.18	208.14	11.803
Lukoil	-0.91	5343	7.275
Gazprom	-0.37	195.86	6.796
Norilsk Nickel	-1.11	19256	5.542
Tatneft	-2.69	565.4	3.596

(69.7524 rubles – U.S. $1)

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