Russian stocks grow in waka of global markets, ignore 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 grow in waka of global markets, ignore sanctions

MOSCOW, Aug 27 (PRIME) -- The Russian stock market increased on Monday along with the global markets, while the new U.S. sanctions were left unnoticed, analysts said.

The MOEX Russia Index rose 1.45% to 2,312.93, the RTS index increased 1.85% to 1,084.13.

УThe new trading week started with purchases on the global markets, and the Russian market is no exception: the leading indicators are rising moderately despite the new U.S. sanctions which have officially came in force today,Ф Igor Kovalyov, an analyst at InstaForex group of companies, said.

Anastasia Popova, expert of BCS Broker, said that the Asian markets closed in the green zone propelled by growth of the Chinese market in the wake of the PeopleТs Bank of China decision to stabilize the yuan. The European and U.S. indices also increased.

She said that Novatek was one of the Russian market leaders after JP Morgan raised the global depositary receipts (GDR) price forecast to U.S. $190 from $120.

State banks increased in the morning but later lost the pace of the rise, Popova said.

ALROSA increased after releasing a solid AprilЦJune financial report with earnings before interest, taxes, depreciation and amortization (EBITDA) outperforming market expectations.

PhosAgro returned to the May highs, rising 1.86% on the news from the FTSE which replaced GDRs with local shares of the company in the index after a six-month review.

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

Company Change, % Last price, rbl Trading volume, bln rbl
Sberbank +1.6 183.27 9.436
ALROSA +1.35 97.8 2.821
Gazprom +0.64 144.52 1.840
Novatek +5.62 1070 1.639
Lukoil +1.7 4577 1.136

(67.7911 rubles Ц U.S. $1)

End

27.08.2018 19:11
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 75.3218 +0.4196 20 nov
USD 66.0081 +0.0150 20 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1135.71 +0.07 18:50 19 nov
micex 2373.78 +0.05 18:50 19 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 154.30 +0.74 17:21 19 nov
lkoh 4856.00 +0.66 17:21 19 nov
rosn 424.50 +0.87 17:21 19 nov
sber 199.80 +0.27 17:21 19 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 75.2500 +0.3475 14:59 19 nov
USDTD 65.9250 +0.2025 17:44 19 nov