MICEX able to go over 1,300 points
MOSCOW. June 4 (Interfax) - The MICEX Index was able to top 1,300 points on Monday thanks to rising ruble-based blue chips as the Russian ruble declined against the Central Bank's bi-currency basket (set at 0.45 euro and $0.55). In the meantime, world exchanges have been giving negative signals.
By 2:14 pm Moscow time, the MICEX index had gone up by 0.35% to 1,302.56 points while the RTS Index had decreased by 0.3% to 1,223.69 points. Ruble-based blue chips increased within 0.3%-3.4% on the MICEX-RTS Exchange.
Advancers include Gazprom , up 1.6%, MTS - 3.2%, MMC Norilsk Nickel - 2.4%, Surgutneftegas - 1.9%, and Federal Grid Company UES - 3.4%.
Decliners included Sberbank , down 1.4%, and Rosneft, down 1.1%
At the same time, European indexes such as the FTSE, S&P 350 and DAX have declined 0.2%-1.2%. However, U.S. futures have been able to win back a portion of their losses (a contract on the S&P 500 has been able to shorten its decrease to 0.1% after declining 0.5% in the morning).
The quotations for August futures on WTI contracts came to $82.07 per barrel by 2:14 pm (down 1.8%), futures for Brent oil - $95.76 per barrel (down 2.3%). The euro slipped 0.01% to $1.2431 on the Forex.