Russian stock market falls to early Sept levels

MOSCOW. Oct 26 (Interfax) - The Russian stock market finished out the week with a decline to early September levels on the backdrop of negative dynamics in the U.S., despite strong U.S. GDP data for the third quarter.

By the end of Friday's trade, the MICEX stock index had fallen 0.9% to 1433.52 points, and the RTS index had dropped 1.1% to 1441.38 points.

The majority of benchmark stocks on the MICEX-RTS stock exchange decreased by up to 3.8%, led by FGC UES (RTS: FEES) (-3.8%) and followed by Gazprom (RTS: GAZP) (-0.8%), Lukoil (RTS: LKOH) (-2.2%), NOVATEK (RTS: NVTK) (-1.8%), MMC Norilsk Nickel (RTS: GMKN) (-1.4%), Rosneft (RTS: ROSN) (-0.1%), Rostelecom (RTS: RTKM) (-1.2%), Sberbank of Russia (RTS: SBER) (-1%), Surgutneftegas (RTS: SNGS) (-0.6%) and Tatneft (RTS: TATN) (-1.1%).

The day's winners were VTB (RTS: VTBR) (+1.8%), Gazprom Neft (RTS: SIBN) (+0.2%) and Polyus Gold (RTS: PLZL) (+0.6%).

Second-tier losers included AFK Sistema (RTS: AFKS) (-4.8%), TGK-1 (RTS: TGKA) (-4.5%), Belon (-4%), Raspadskaya (RTS: RASP) (-3.2%) and IDGC Center and Volga (RTS: MRKP) (-3%).

Second-tier gainers were KamAZ (RTS: KMAZ) (+1.8%), Magnit (RTS: MGNT) (+1.4%), Transneft (RTS: TRNF) (+1.1%) and Uralkali (RTS: URKA) (+1%).

Combined trading volume on the main MICEX-RTS market for the day came to 29.64 billion rubles (6.836 billion rubles of which in ordinary Sberbank shares). In the Standard sector it was $81.793 million, and in the Classica sector - $4.891 million.

Eb

(Our editorial staff can be reached at eng.editors@interfax.ru)