Russian stocks fall dragged by oil, foreign floors, US sanctions - 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 fall dragged by oil, foreign floors, US sanctions

MOSCOW, Apr 6 (PRIME) -- The Russian stock market decreased on Friday dragged by falling oil prices, a weaker ruble, negative moods on foreign floors and new U.S. sanctions, analysts said.

The MOEX Russia Index fell 0.65% to 2,281.23 and the RTS decreased 1.36% to 1,236.48.

УThe Russian stock market approached the end of trading on Friday bearing moderate losses. Already in the morning, amid falling U.S. stock index futures and Brent oil falling below U.S. $68 (per barrel), УbearsФ managed to regain the initiative and take the market to the negative territory. Later, our shares made attempts to restore, but by the end of trading sales prevailed again,Ф Freedom Finance senior analyst Bogdan Zvarich said.

Both dynamics in Europe, where main indices were falling by 0.4%, and the situation in the U.S., where Dow Jones and S&P500 indices were losing over 1% after the first hour and a half of trading, were a negative factor for the Russian market, the analyst said.

Aluminum giant UC RUSALТs shares lost 17.73% and En+ GroupТs global depositary receipts (GDRs) shrank 17.93% on reports that the companies were included in the new U.S. sanctions list.†

National top lender Sberbank lost 2% despite reporting that its net profit rose 26.4% on the year to 195.859 billion rubles in JanuaryЦMarch, as calculated under Russian Accounting Standards (RAS).

State power grid holding Rosseti was among growth leaders, adding 7.89% on reports that its net profit grew 40% to 137.1 billion rubles in 2017, as calculated under International Financial Reporting Standards (IFRS).

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

Company Change, % Last price, rbl Trading volume, bln rbl
Sberbank -2 256.76 10.443
VTB +2.69 0.0554 4.612
Gazprom +0.71 141.50 3.861
Lukoil -1.28 3939.00 2.251
Norilsk Nickel -0.1 10733.00 1.385

(57.5796 rubles Ц U.S. $1)


06.04.2018 19:31
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 86.8258 -0.3464 11 aug
USD 73.7750 +0.1374 11 aug
Stock Market Indices
1D 1W 1M 1Y
rtsi 1267.96 -0.27 18:50 10 aug
micex 2960.78 -0.39 18:50 10 aug
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 187.27 +0.02 19:13 10 aug
lkoh 5095.00 +0.14 19:13 10 aug
rosn 367.20 +0.01 19:13 10 aug
sber 225.14 -0.94 19:12 10 aug
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 86.6850 -0.2275 14:59 10 aug
USDTD 73.4725 -0.1600 17:44 10 aug