18 Jun 2012 10:25

Russian stock market begins week on upswing

MOSCOW. June 18 (Interfax) - The Russian stock market opened for business on Monday with rising blue chip share prices against the backdrop of conservative New Democracy party wins in Greek parliamentary election making possible the country will remain in the Eurozone.

By 10:01 a.m. Moscow time, the MICEX index was up 1% at 1388.98 and the RTS index had gained 0.4% to 1342.56.

VTB was up 1.6%, Gazprom had gained 0.8%, Gazprom Neft 0.6%, Lukoil 0.3%, NOVATEK 2.1%, Norilsk Nickel 1.2%, Polyus Gold 0.7%, Rosneft 0.9%, Rostelecom 1%, Sberbank of Russia 1.3%, Surgutneftegas 0.8%, Transneft 2.4%, and FGC UES 1.6%.