Russian stocks increase as Syrian conflict abates - 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 increase as Syrian conflict abates

MOSCOW, Apr 12 (PRIME) -- The Russian stock market closed higher on Thursday as investors were relieved by the absence of escalation of the Syrian conflict, analysts said.

The MOEX Russia Index grew 0.82% to 2,210.05 and the RTS increased 3.84% to 1,125.09.

УAfter anxious days some calm has reached the Russian market. The trade volume is still high but is gradually approaching the norm,Ф Andrei Kochetkov, an analyst at Otkritie Broker, said.

Growth of Russian assets is supported by the absence of bad news, first of all, on the Syrian conflict, which may mean existence of secret negotiations and a possible peaceful outcome, Kochetkov said.

U.S. Treasury Secretary Steven MnuchinТa comment that he is against sanctions on RussiaТs sovereign debt, also supported the market, Kochetkov said.

Kochetkov said that the shares of exporters decreased as the ruble rose.

Rosneft grew on a high oil price and attendance by CEO Igor Sechin of court hearings to testify against former Economic Development Minister Alexei Ulyukayev, the analyst said.

The banking sector surged propped by the strong ruble, he said.

Raiffeisen Capital analyst Sofya Kirsanova said that Sberbank was the growth leader after losses of previous days.

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

Company Change, % Last price, rbl Trading volume, bln rbl
Sberbank +2.02 212.21 27.108
Rosneft +2.78 333 6.029
Gazprom +0.50 145.99 5.898
Lukoil -2.24 3979 4.728
Norilsk Nickel +4.94 10376 4.245

(64.0626 rubles Ц U.S. $1)

End

12.04.2018 19:09
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 78.0753 +0.3224 22 sep
USD 66.2497 -0.2228 22 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1144.60 +0.35 12:28 21 sep
micex 2408.99 +0.34 12:28 21 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 156.07 +1.11 12:10 21 sep
lkoh 4696.00 -0.11 12:10 21 sep
rosn 440.10 +0.32 12:10 21 sep
sber 192.23 +0.56 12:10 21 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 78.0275 -0.1025 14:59 21 sep
USDTD 66.5250 -0.2275 17:44 21 sep