Russian stocks rise backed by oil, growth on US floors
MOSCOW, Apr 3 (PRIME) -- Russian stocks increased on Tuesday backed by growth of oil prices and positive dynamics on foreign floors, analysts said.
The MOEX Russia Index rose 0.32% to 2,263.85 and the RTS increased 0.24% to 1,237.06.
УThe Russian stock market managed to enter the positive territory by the end of the day on Tuesday. The reason for purchases was a recovery of the U.S. stock floors, where indices Dow Jones and S&P500 added 0.9% and 0.7%, respectively, after first hour and a half of trading,Ф Freedom Finance senior analyst Bogdan Zvarich said.
Growth of the Brent oil price to over U.S. $68 per barrel also supported the Russian market, he said.
Shares of Novorossiysk Commercial Sea Port (NCSP) lost 1.7% after oil pipeline monopoly Transneft said it halted talks buy Summa GroupТs stake in the port after arrest of the groupТs major owner Ziyavudin Magomedov.
Multi-industry holding SistemaТs shares fell 0.34% despite reports that the companyТs net profit almost tripled to 4.119 billion rubles in 2017, as calculated under International Financial Reporting Standards (IFRS).
Fertilizer producer Uralkali lost 0.22% after saying that its IFRS net profit fell 46% 50.9 billion rubles in 2017.
Below are the MOEX Russia IndexТs five most active stocks on Tuesday:
|Company||Change, %||Last price, rbl||Trading volume, bln rbl|
(57.2850 rubles Ц U.S. $1)