25 Nov 2010 19:25

Russian stocks rise on renewed optimism

MOSCOW. Nov 25 (Interfax) - Russian stocks gained to levels last seen two weeks ago on renewed global optimism sparked on encouraging U.S. economic data on Wednesday. Sberbank Russia led advancers on a day that saw the MICEX index rise 0.6% to 1,571.31 points, while the RTS index closed up 1.13% to 1,618.55 points.

Sberbank ordinary shares gained 2.8% on the RTS and 1.3% on MICEX, while preferred shares rose 3% to 74.5 rubles on MICEX.

Gazprom added 1.3% on MICEX, Gazprom Neft edged up 0.1%, Norilsk Nickel was up 1.6%, and Surgutneftegas - 0.5%.

Among decliners, VTB , Lukoil and Rosneft all edged down 0.2% and Polyus Gold shed 0.1%.

In the second tier on MICEX, IDGC Holding was up 5.1%, IDGC of North Caucasus - up 4.1%, OGK-4 - up 2.7%, IDGC of Center and Volga - up 2.7%, OGK-6 - up 2.3% and Aeroflot - up 2.1%.

Uralkali was down 1.7%, Avtovaz lost 1.1%, Polymetal shed 0.9% and Sedmoi Kontinent fell 0.8%.

Volume totaled $7.8 million on RTS Classica, $355.42 million on RTS Standard and 55.23 billion rubles on MICEX.

RTS$#&: AVAZ, FEES, GAZP, GMKN, GUTB, LKOH, MRKK, MRKP, OGKD, OGKF, PLZL, PMTL, PRSB, ROSN, SBER, SCON, SIBN, SNGS, TRNF, URKA, VTBR