March 27, 2013 19:37
Russian stock market rebounds in Wednesday correction
MOSCOW. March 27 (Interfax) - The Russian stock market fell during the day Wednesday along with world trading floors, but by evening things had turned around and the market ended the trading day up amid the closing of 'short' positions.
The MICEX closed up 0.6% at 1425.0 points, the day's low having been 1407.36 points, and the RTS index had edged up 0.04% to 1446.04 points.
Lukoil (RTS: LKOH) gained 1.6%, Novatek (RTS: NVTK) was up 1.4%, Norilsk Nickel (RTS: GMKN) 0.3%, Polyus Gold (RTS: PLZL) 2.4%, Rosneft (RTS: ROSN) 0.4%, Surgutneftegas (RTS: SNGS) 2.7% (preferred shares up 1.6%), Tatneft (RTS: TATN) 2.1%, and Federal Grid Company UES (RTS: FEES) 3.5%.
VTB (RTS: VTBR) lost 1.5% to 4.825 kopecks, its lowest point since September 2009, Gazprom slid 0.2%, Gazprom Neft (RTS: SIBN) 0.8%, and Sberbank of Russia (RTS: SBER) 0.3%.
On the Moscow Exchange's second tier, Sollers (RTS: SVAV) was up 4.1%, RusHydro (RTS: HYDR) gained 3.9%, IDGC Holding 3.6%, and RAO Energy Systems of East 3.4%.
Mosenergosbyt (RTS: MSSB) slumped 5.3%, OGK-5 (RTS: OGKE) lost 3.7%, Irkutskenergo (RTS: IRGZ) 2.3%, TGK-1 (RTS: TGKA) 2.1%, Severstal (RTS: CHMF) 2%, and Razgulyai Group (RTS: GRAZ) 1.7%. The bank Vozrozhdenie (RTS: VZRZ) fell 4.2%.
Combined trading on the MICEX exchange's main market amounted to 37.007 billion rubles on the day (with 12.14 billion rubles involved in trades with Sberbank ordinary shares), on the Standard sector to $42.264 million, and on the Classica sector to $1.398 million.
(Our editorial staff can be reached at email@example.com)
May 21, 2018
Putin endorses development of strategic partnership between Moscow, Caracas in congratulations to Maduro
Ukraine buys nuclear fuel worth $96.4 mln in Q1
Russian producer prices jump 1.2% in April, above forecast (Part 2)
Daily Headline News for May 21, 2018
Lawyers appeal against journalist Vyshynsky's arrest in Ukraine
PUTIN CONGRATULATES MADURO ON RE-ELECTION AS PRESIDENT OF VENEZUELA -KREMLIN
Pashinyan identifies preparations for snap election in Armenia as his govt's priority (Part 2)
TMH, Hitachi create JV to manufacture traction inverters for passenger rail
RDIF chief, al-Falih to discuss increased investment by joint fund with Aramco at St. Petersburg forum
People could live four times longer under half Earth's gravity - Space Technologies
Countersanctions bill may target Russian companies with any foreign ownership - lawmaker
Russian, Indian leaders have over 3-hour talks in Sochi, continue eye-to-eye conversation in English during sea trip
U.S. anti-tank missile systems found in terrorists' possession in Syria confirm Washington supplies militants - Bondarev