Russian stocks rise backed by global floors, oil prices

MOSCOW, Jan 17 (PRIME) -- Russian stocks increased on Friday receiving support from global floors and growing oil prices, analysts said.

The MOEX Russia Index rose 1.26% to 3,196.88 and the RTS increased 1.55% to 1,637.75.

“The MOEX Russia Index and RTS remained in steady plus by the end of trading, updating regular peaks during the session due to the rise of individual stocks and favorable external background,” Veles Capital analyst Yelena Kozhukhova said.

The foreign background was positive. Trading in the U.S. started with growth of three main indices, which were gaining around 0.1–0.2% by the end of the Russian session, continuing to renew historical highs. Optimistic moods were seen on European floors.

Brent and WTI oil quotations were adding around 0.5% by the end of the day.

Aluminum giant UC RUSAL and children goods retailer Detsky Mir were among growth leaders, rising by 10.2% and 7.42%, respectively. 

Rail car producer United Wagon Company (UWC) and coal producer Raspadskaya were among outsiders, losing 1.22% and 0.88%, respectively.

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

Company	Change, %	Last price, rbl	Trading volume, bln rbl
Sberbank	+1.94	262.50	11.731
Gazprom	+0.44	255.39	10.774
Lukoil	+1.44	6685.00	8.076
Norilsk Nickel	+2.99	21524.00	7.453
Magnit	-0.06	3623.00	5.210

(61.5694 rubles – U.S. $1)

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