Russian stocks increase amid positive foreign background

MOSCOW, Dec 29 (PRIME) -- Russian stocks closed higher on Tuesday backed by positive dynamics of global floors, analysts said.  

The MOEX Russia Index grew 0.48% to 3,274.67 and the RTS increased 0.52% to 1,398.48.

“The domestic market continues to grow ahead of the New Year’s Eve. The external background remains positive at the end of December,” Otkritie Broker analyst Andrei Kochetkov said.

En+ Group was among growth leaders, with its shares jumping by 4.01% amid growth of global prices for aluminum, which are currently close to 3-year highs, Freedom Finance analyst Valery Yemelyanov said.

Steel producers were among outsiders, with Severstal falling by 2.78%, MMK decreasing by 2.44%, and NLMK losing 5.15%, Kochetkov said.

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

Company	Change, %	Last price, rbl	Trading volume, bln rbl
Sberbank	-0.71	272.74	9.774
Gazprom	+1.32	208.83	8.207
MMK	-2.44	57.005	4.023
NLMK	-5.15	209.04	3.611
Norilsk Nickel	+0.12	23648.00	3.514

(73.7175 rubles – U.S. $1)

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