Russian stock market down amid weakened ruble on Thurs
MOSCOW. Aug 30 (Interfax) - The Russian stock market posted losses on Thursday on a backdrop of negative moods on global markets and a sharp ruble deprecation, which somewhat restrained a reduction in ruble prices for domestic stocks.
By the end of the day's trade, the MICEX stock index had edged down 0.51% to 1429.8 points, and the RTS index had fallen 1.84% to 1384.3 points.
The majority of benchmark stocks on the MICEX-RTS stock exchange had decreased by up to 2.5%, led by Sberbank of Russia prefs (2.5%), VTB (-2.1%), FGC UES (-1.9%), Severstal (-1.7%), RusHydro (-1.5%), MMC Norilsk Nickel (-1.3%), Sberbank ordinary shares (-1.1%), Uralkali (-1%), Gazprom (-0.6%), Tatneft (-0.5%), Rostelecom (-0.5%), Mobile TeleSystems (-0.3%), Surgutneftegas (-0.3%), Rosneft (-0.2%), and Transneft prefs (-0.3%).
The day's winners were Lukoil (+0.04%), Gazprom Neft (+0.64%), Surgutneftegas prefs (+0.9%), and Polyus Gold (+1%).
