Russian stocks grow on statements from Eastern Economic Forum - Financial Wire - 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

Russian stocks grow on statements from Eastern Economic Forum

MOSCOW, Sep 12 (PRIME) -- The Russian stock market grew on Wednesday on the back of rising blue chips on statements made during the Eastern Economic Forum in Vladivostok, analysts said.

The MOEX Russia Index grew 0.23% to 2,340.63 and the RTS index rose 1.46% to 1,071.32.

УThe Russian market was on the positive territory due to securities of the largest issuers. Gazprom continued to reflect the information about a ChinaЦRussia agreement on a new gas supply route. Sberbank erased losses after a sell-off and also reflected rumors on significant investments in Russian securities by non-residents,Ф Otkritie Broker analyst Andrei Kochetkov said.

Analyst at Freedom Finance Anastasia Sosnova said that fears on foreign markets, concerning the U.S.ЦChina trade conflict have faded.

Vitaly Manzhos, a senior risk manager at investment company Algo Capital, said that the RTS index rise was stronger than the MOEX Russia Index one due to strengthening of the ruble.

According to Kochetkov, RosneftТs shares eased on statements by executives concerning a lack of opportunities for buyback.

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

Company Change, % Last price, rbl Trading volume, bln rbl
Sberbank +2.68 173.9 16.177
Gazprom +1.77 155.05 5.283
Lukoil -1.78 4622.5 2.747
Sberbank pref +2.32 148.34 1.937
Rosneft -0.87 444.9 1.733

(69.9744 rubles Ц U.S. $1)


12.09.2018 19:08
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 78.0753 +0.3224 22 sep
USD 66.2497 -0.2228 22 sep
Stock Market Indices
1D 1W 1M 1Y
rtsi 1149.53 +0.78 18:50 21 sep
micex 2426.80 +1.08 18:50 21 sep
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 158.64 +2.78 18:49 21 sep
lkoh 4737.50 +0.78 18:49 21 sep
rosn 440.40 +0.39 18:47 21 sep
sber 193.44 +1.19 18:49 21 sep
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 78.0275 -0.1025 14:59 21 sep
USDTD 66.5250 -0.2275 17:44 21 sep