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Russian stocks increase backed by corporate news

MOSCOW, Jul 27 (PRIME) -- Russian stocks grew on Monday backed by corporate news amid a mixed foreign background, analysts said.

The MOEX Russia Index rose by 0.76% to 2,884.88 and the RTS increased by 0.81% to 1,266.16.

“The MOEX Russia Index and the RTS remained in plus by the end of trading supported mainly by corporate stories,” Veles Capital analyst Yelena Kozhukhova said.

The foreign background was mixed. Trading in the U.S. started without single dynamics of three main indices, which were adding 0.1–0.6% by the end of the Russian session. Neutral moods were seen on European floors.

The nearest futures for Brent and WTO oil were losing 1.5–2% after mixed dynamics during the day.

Gold producers Seligdar and Polyus were among growth leaders, jumping by 16.47% and 10.48%, respectively, amid gold quotations renewing historic highs.

Retailer Lenta’s depositary receipts added 7.41% after the company posted solid operating and financial results for January–June.

Novorossiysk Commercial Sea Port (NCSP) was among outsiders, losing 10.68% on a dividend gap.

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

Company Change, % Last price, rbl Trading volume, bln rbl
Polyus +10.48 16865.00 8.021
Sberbank -0.22 215.49 7.936
Norilsk Nickel +3.38 19704.00 7.867
Lukoil +0.06 4990.00 4.674
Gazprom -0.64 184.26 3.999

(71.5974 rubles – U.S. $1)

    End
27.07.2020 19:25