Russian stocks grow on foreign positive, rising oil prices

MOSCOW, Jun 22 (PRIME) -- The Russian stock market grew on Tuesday backed by positive dynamics of Western floors, rising oil prices, and a stable ruble, analysts said.

The MOEX Russia Index rose 0.22% to 3,821.68 and the RTS increased 0.19% to 1,645.59.

“In the second half of the day, the external background began to improve, causing a moderate rise in our shares. However, we were unable to refresh the daily highs, still experiencing pressure from the worsening geopolitical situation caused by the recent announcement of new anti-Russian measures,” BCS World of Investment expert Dmitry Babin said.

Oil and gas companies were among growth leaders, with gas giant Gazprom adding 1.15% and oil major Rosneft rising 1.82%.

Below are the MOEX Russia Index’s five most active stocks on Tuesday:

Company	Change, %	Last price, rbl	Trading volume, bln rbl
Gazprom	+1.15	275.75	9.322
Lukoil	-0.07	6692.00	6.879
Sberbank	-0.33	309.37	6.705
Norilsk Nickel	-1.65	24954.00	4.858
Rosneft	+1.82	551.05	3.966

(73.1987 rubles – U.S. $1)

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