Russian stocks grow on corporate news, positive background - 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 on corporate news, positive background

MOSCOW, Mar 27 (PRIME) -- The Russian stock market increased on Monday amid positive 2022 financial results of some Russian companies, news on dividends and supportive external background, analysts said.

The MOEX Russia Index rose 2.06% to 2,440.68 and the RTS increased 2.47% to 1,001.94.

УWe attribute the optimism of stock exchange bulls to the successful resolution of the situation with troubled banks in the U.S.: the bankrupt SVB is being bought by a competing financial institution,Ф Freedom Finance GlobalТs Senior Analyst Natalya Milchakova said.

The news about dividends and strong financial results of companies for 2022 is another positive factor, she added.

According to Veles Capital analyst Yelena Kozhukhova, the Russian stock market renewed local peaks getting support from internal drivers and improving external sentiment.

The ruble was strengthening against the dollar, euro and yuan on the Moscow Exchange. УThe Russian ruble is entering the last week of the month and, therefore, could receive support from the tax period,Ф the analyst also said.

Aeroflot shares showed the highest growth by the end of the session as investors expect news on dividends from the board of directors on Tuesday.

TMK shares hit their highest since September 2021 on expectations of the announcement of the final dividend for 2022, Kozhukhova said.

Globaltrans receipts showed the largest decrease. Though the company published strong financial results for 2022, Globaltrans decided against dividends over technical problems.

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

Company Change, % Last price, rbl Trading volume, bln rbl
Sberbank +2.81 209.29 13.855
Gazprom +1.93 172.3 4.967
Aeroflot +9.49 32.42 3.233
Surgutneftegas +5.57 31.46 1.973
Lukoil +2.35 4305.5 1.951

(76.4479 rubles Ц U.S. $1)

End

27.03.2023 19:25
 
 
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 04 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