Russian stock market rises on positive external factors, CBR news
MOSCOW. April 11 (Interfax) - The Russian stock market MICEX index topped 1500 on Wednesday amid positive dynamics on world trading floors, the release of Alcoa's quarterly report, and news from the Central Bank on plans for a rapid resumption of REPO operations with shares.
The MICEX closed up 0.5% at 1505.77 points (the day's low was 1486.22 points) and the RTS index likewise 0.5% at 1615.69 points (1586.33 points).
VTB rose 0.2%, Gazprom Neft 1.4%, Lukoil 1.6%, NOVATEK 1.3%, Polyus Gold 1.9%, Rosneft 0.4%, Rostelecom 0.1%, Sberbank of Russia 0.5%, Surgutneftegas 1.9% (preferred shares 1%), and FGC UES 1%.
Tatneft was down 1.8%, Gazprom 0.2%, Norilsk Nickel 0.4%, and Transneft 1%.
Second-tier advancers included Zavod Diod (+9.5%), Bank Vozrozhdenie (+6.4%), Mechel (+2.6%), Aeroflot (+2.6%) and Uralkali (+0.4%).
There were losses for Mosenergosbyt (-3.2%), RAO ES Vostoka (-2.3%), E.ON Russia (-2.2%) and Sollers (-1.9%).
Combined trading volume on the main MICEX-RTS market was 45.61 billion rubles, of which 15.57 billion rubles in Sberbank ordinary shares. Standard market turnover was $289.188 million and Classica - $2.234 million.
