Russian stock market follows foreign sites up Wed
MOSCOW. March 6 (Interfax) - The Russian stock market followed global trading sites up on Wednesday, encouraged by the decision of central banks to continue stimulus measures.
By the end of the day's trade, the MICEX stock index had climbed 0.5% to 1491.49 points, and the RTS index had increased 0.4% to 1529.32 points.
The majority of benchmark stocks on the Moscow Exchange grew by up to 2.4%, led by Tatneft (+2.4%) and followed by Gazprom Neft (+1.1%), Lukoil (+0.9%), Novatek (+1.5%), MMC Norilsk Nickel (+1%), Polyus Gold (+0.8%), Rosneft (+1.1%), Sberbank of Russia (+1.4%), FGC UES (+0.1%) and Surgutneftegas prefs (+0.7%).
Wednesday's underperformers were VTB (-0.8%), Gazprom (-1.2%), Rostelecom (-1.4%) and Surgutneftegas (-0.5%).
The second-tier winners were Severstal (+2.5%), TGK-1 (+2.4%), Mechel (+2%), E.ON Russia (+1.8%), Magnit (+1.7%) and Aeroflot (+1.6%).
The losers on the second tier included TGK-14 (-4.2%), TMK (-1.5%), TGK-9 (-1%) and OGK-2 (-1%).
Combined trading volume on the main Moscow Exchange market for the day came to 25.316 billion rubles, 6.848 billion rubles of which in ordinary Sberbank shares. In the Standard sector it totaled $44.339 million, and in the Classica sector - $797,000.
