Stocks increase on high oil prices, robust foreign markets - 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

Stocks increase on high oil prices, robust foreign markets

MOSCOW, May 10 (PRIME) -- The Russian stock market grew on Thursday as oil prices remained close to record highs and foreign markets mainly grew, analysts said.

The MOEX Russia Index rose 0.47% to 2,312.92 and the RTS index grew 3.28% to 1,179.63.

УThe key driver of the local market is oil, which remains near a new maximum for 3.5 years though it corrected slightly after morning purchases,Ф Igor Kovalyov, analyst at InstaForex, said.

Veles Broker analyst Yelena Kozhukhova said that predominant growth of the Asian markets, a neutral trading session in Europe and a rise of the U.S. S&P 500 futures also contributed to an increase of Russian stocks.

Kovalyov said that Sberbank was the market leader after reporting a 27.3% net profit rise under Russian Accounting Standards (RAS).

Inter RAO rose 0.46% on the news that Inter RAO Capital can buy a 4.92% stake in the energy company from RusHydro.

ALROSA fell 2.02% after reporting a 27.6% fall in sales in monthly terms in April, he said.

Raspadskaya dropped 2.86% after emergency services reported a fire in the mine, analysts said.

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

Company Change, % Last price, rbl Trading volume, bln rbl
Sberbank +3.09 233.7 16.721
Lukoil +1.32 4235 3.840
Norilsk Nickel -3.28 10730 3.739
Gazprom +0.62 146.38 3.554
Rosneft +0.67 395.7 1.500

(63.0066 rubles Ц U.S. $1)

End

10.05.2018 19:12
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 70.6068 +0.0516 19 jul
USD 62.8286 -0.1165 19 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1363.17 +0.99 10:50 19 jul
micex 2721.53 +0.70 10:50 19 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 219.49 +0.55 10:33 19 jul
lkoh 5206.00 +0.77 10:32 19 jul
rosn 419.30 +0.55 10:33 19 jul
sber 237.10 +0.99 10:33 19 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 70.6200 +0.1800 14:59 19 jul
USDTD 63.0300 +0.1575 17:44 19 jul