Russian stocks fall on corporate news, unfavorable backdrop - 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 on corporate news, unfavorable backdrop

MOSCOW, May 12 (PRIME) -- The Russian stock market decreased on Friday over some corporate news and unfavorable global background, analysts said.

The MOEX Russia Index fell 1.15% to 2,565.17 and the RTS decreased 2.46% to 1,038.32.

УThe market is correcting on ambiguous corporate news. The external background remains unfavorable as well,Ф senior analyst at Freedom Finance Global Natalya Milchakova said.

The uncertain environment with prices on the energy market put additional pressure, the analyst added.

The Russian stock market corrected amid falling U.S. stock indices and oil prices, Vladimir Lyashchuk, senior analyst at Promsvyazbank said.

Financial, telecom, power and construction sectors looked worse than the market amid the weakening ruble, while the oil and gas sector looked better than the market, he also said.

According to Veles Broker analyst Yelena Kozhukhova, the market was down by the end of Friday's main trading amid a lack of new significant drivers for growth, but nevertheless retreated from the day's lows.

The leaders of the growth were shares of carmaker Sollers, which continue to win back the news 2022 dividends, Milchakova said.

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

Company Change, % Last price, rbl Trading volume, bln rbl
Sberbank -0.2 228.86 13.635
Lukoil +0.29 4802.5 4.153
Gazprom -0.48 173.3 3.443
VTB Bank +0.21 0.02171 2.365
Sollers +23.18 619 1.61

(75.8846 rubles Ц U.S. $1)

End

12.05.2023 19:32
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 104.3024 +0.2403 05 oct
USD 99.4555 +0.1878 05 oct
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3154.97 +0.35 18:50 05 oct
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 165.50 -0.75 18:27 04 oct
lkoh 6740.00 -0.21 18:27 04 oct
rosn 543.10 +0.78 18:27 04 oct
sber 258.85 -0.31 18:27 04 oct
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 104.1000 +0.3475 14:59 04 oct
USDTD 99.6875 +0.4300 17:44 04 oct