Russian stocks mixed amid lack of new growth drivers

MOSCOW, Dec 5 (PRIME) -- Russian stocks closed mixed on Thursday after falling the entire trading day ignoring the optimism of the external background and finding no new growth drivers, analysts said.  

The MOEX Russia Index decreased 0.05% to 2,899.29 and the RTS rose 0.03% to 1,430.39.

“The Russian market mostly ignores the foreign optimism… A decline of indices is backed by such securities as Gazprom, Rosneft, Sberbank, Novatek, and Yandex,” Otkritie Broker analyst Andrei Kochetkov said.

European and the U.S. stock indices traded mostly in plus, while oil prices were growing amid OPEC+ 2-day summit, the analyst said.

Metals companies traded mostly in plus. Norilsk Nickel added 2.18%, NLMK closed 2.28% higher, and MMK grew 1.73%.

Market outsiders included multi-industry holding Sistema, which fell 1.67%, gas giant Gazprom losing 1.03%, Yandex closing 1.5% lower, and oil major Rosneft losing 0.85%.

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

Company	Change, %	Last price, rbl	Trading volume, bln rbl
Gazprom	-1.03	246.36	15.213
Sberbank	+0.05	231.71	5.353
GAZ-Tek	-0.58	85.00	4.659
Lukoil	+0.8	6121.50	4.066
Norilsk Nickel	+2.18	17622.00	2.969

(64.1948 rubles – U.S. $1)

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