Russian stock market exceeds 2000 for MICEX, reaches highest point for RTS since May 2015
MOSCOW. Oct 10 (Interfax) - The Russian stock market on Monday surpassed 2000 for the MICEX stock index and reached the highest point for the RTS index since May 2015 amid the rise of global stock markets and oil's rally after Russian President Vladimir Putin's statements; leaders in growth included Rosneft on news about the privatization of the state stake before the end of this year.
The MICEX stock index rose 1.1% to 2001.1 and the RTS index rose 1.6% to 1017.88. The majority of ruble-denominated blue chips on the Moscow Exchange rose within 2.5%.
The dollar fell 31 kopecks to 61.9 rubles.
Advancers included Rosneft (+5.7%, to 361 rubles, the highest point since the middle of September), Gazprom (+2.2%), Russian Grids (+3.9% and +2% for preferred shares), RusHydro (+2.2%), Sberbank (+1.7% and +2% for preferred shares), FGC UES (+2.5%).
Inter RAO (-2.7%) shares fell on news that Ilya Shchebovich's UCP Group concluded a deal on the sale of an 8.7% stake in Inter RAO to a consortium of financial investors.
Second-tier advancers on the Moscow Exchange include CZPSN-Profnastil (+39.8%), JSC Mordovia PSC (+11%), PJSC City Innovative Technologies (+10.8%), Nizhnekamskneftekhim (+5.3%), OGK-2 (+3.1%), MegaFon (+2.7%), Slavneft-Megionneftegaz (+2.7%), Chelyabinsk Metallurgical Plant (+2.4%), Pharmacy Chain 36.6 (+2.4%).
Decliners included JSC Zvezda (St. Petersburg ) (-15.3%), JSC RBC (-8.8%), Uralsib (-7%), Transaero (-5.3%), Uralkali (-4.3%), Alrosa (-2.9%).
Overall trading volume on the main Moscow Exchange market amounted 26.69 billion rubles, of which 5.631 billion rubles in Sberbank ordinary shares.