Russian stocks edge down as investor enthusiasm fades out - News Archive - 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 edge down as investor enthusiasm fades out

MOSCOW, Apr 19 (PRIME) -- The Russian stock market eased on Thursday as domestic investors took profit awaiting drivers for further growth, analysts said.

The MOEX Russia Index fell 0.49% to 2,230.55 and the RTS decreased 0.08% to 1,153.59.

УThe positive mood of RussiaТs stock market players has been wearing off. Trade volumes have declined noticeably following several days of explosive growth, and the upward movement has stalled,Ф Otkritie Broker analyst Andrei Kochetkov said.

Veles Broker analyst Yelena Kozhukhova agreed that investors were taking profit waiting for new signals for growth amid a worsening environment on the global stock market with the key U.S. and European benchmarks seen in the negative territory.

Most blue chips slid after several consecutive days of advance. Top bank SberbankТs common shares lost 1.12% to 213.45 rubles, the countryТs second biggest lender VTB Bank sagged 0.94% to 0.0525 rubles, and independent gas producer Novatek dropped 1.61% to 734.1 rubles.

Power company Enel Russia and metals and mining group Mechel were among the biggest losers, the stocks dropped 2.55% to 1.53 rubles and 1.8% to 125.65 rubles, respectively.

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

Company Change, % Last price, rbl Trading volume, bln rbl
Sberbank, common -1.12% 213.45 29.061
Norilsk Nickel +0.12% 10685 4.532
Gazprom -0.93% 143.4 2.956
Lukoil -0.37% 4015 2.839
Sberbank, preferred -0.43% 189.69 2.721

(61.5539 rubles Ц U.S. $1)


19.04.2018 19:38
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 70.6771 -0.1803 17 jul
USD 62.8129 -0.0151 17 jul
Stock Market Indices
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 238.01 -0.95 18:49 16 jul
lkoh 5190.50 +0.23 18:48 16 jul
rosn 420.40 +0.48 18:47 16 jul
sber 234.75 -0.22 18:49 16 jul
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 70.5200 -0.3700 14:59 16 jul
USDTD 62.6575 -0.5000 17:44 16 jul