Russian stock market ends October down
MOSCOW. Oct 31 (Interfax) - The Russian stock market ended October trading at under 1430 points on the MICEX index amid mixed blue chip share price movement.
Gazprom share sales put pressure on the market due to the company expanding its investment program for this year. Gazprom lost 1.5% to 144.9 rubles per share on the day.
The MICEX index ended the day up 0.3% at 1425.7 points and the RTS index likewise up 0.3% at 1433.96 points.
The MICEX index was down 2.2% for the month and the RTS index 2.8%.
NOVATEK was up 0.3%, Norilsk Nickel gained 1.2%, Rosneft 0.3%, Rostelecom 0.6%, Sberbank of Russia 0.7%, Surgutneftegas 0.7%, and Transneft 1%.
Gazprom Neft ended down 1.6%, Polyus Gold lost 0.2%, TNK-BP 2.8%, Federal Grid Company UES 1.6%, and Surgutneftegas preferred shares 2.1%.
On the MICEX-RTS exchange's second tier, TGK-9 was up 10.9%, Aeroflot - Russian Airlines gained 2.6%, Razgulyai Group 2.3%, E.ON Russia 2.1%, Novolipetsk Steel (NLMK) 2%, Pipe Metallurgical Company (TMK) 1.8%, and Uralkali 1.6%.
AvtoVAZ lost 2.8%, IDGC Center and Volga slipped 2.1%, and OGK-2 dropped 1.8%.
Share-trading on the main MICEX-RTS market amounted to 27.379 billion rubles (with 6.703 billion rubles involved in deals Gazprom shares), on the Standard sector to $65.8 million, and on the Classica sector to $0.792 million.