Russian stock market down against negative U.S. opening after holidays
MOSCOW. Dec 27 (Interfax) - The Russian stock market closed Tuesday on a low due to a lack of buyers on the back of a negative U.S. trade opening after the Christmas holidays.
The MICEX index ended the day at 1386.14 points, down 0.3%, and the RTS was down 1.1% to 1398.51 points. The majority of benchmark stocks on the MICEX-RTS stock exchange had shifted by up to 1.7%.
Losers on the MICEX-RTS were led by Sberbank of Russia (-1.7%), followed by NOVATEK (-0.6%), Gazprom (-0.5%), VTB (-0.5%), Surgutneftegas (-0.4%), Gazprom Neft (-0.4%), MMC Norilsk Nickel (-0.3%) and Rostelecom (-0.1%).
Gainers included Transneft (+1.2%), Tatneft (+0.9%), FGC UES (+0.8%), Rosneft (+0.5%), Lukoil (+0.3%) and Polyus Gold (+0.1%).
Second-tier decliners included Power Machines (-8.5%), OGK-1 (-2.7%), Pipe Metallurgical Company (-2.5%), Severstal (-2.2%), IDGC of the North Caucasus (-2.2%), KamAZ (-1.9%), PIK Group (-1.9%) and Magnitogorsk Iron & Steel Works (-1.9%).
There were gains for Belon (+2.8%), E.ON Russia (+2.3%), TGK-9 (+1.9%), RAO ES of the East (+1.8%) and TGK-2 (+1.1%).
Combined trading volume on the main MICEX-RTS market was 18.67 billion rubles, of which 6.689 billion rubles in Sberbank ordinary shares. Standard market turnover was $189.55 million and Classica - $506,000.