U.S. GDP data sends MICEX index to below 1,350 points
MOSCOW. June 25 (Interfax) - Russian stocks declined on Friday on concerns about slowing global growth as well as news U.S. first quarter GDP growth would be revised downward.
The MICEX index was down 1.14% to 1,347.58 points and the RTS index closed down 1.09% to 1,387.66 points.
Decliners on MICEX included VTB - down 2%, Gazprom - down 1.8%, MMC Norilsk Nickel - down 1.8%, Rosneft - down 1.2%, Sberbank Russia - down 2.8% and 3.1% on the RTS, Surgutneftegas - down 1.4% and Tatneft - down 0.8%.
On the plus side, Gazprom Neft edged up 0.2%, Lukoil rose 0.9%, Polyus Gold gained 1.1% and Rostelecom was up 0.1%.
Among second tier stocks on MICEX, RusHydro was down 4.9%, Irkutskenergo fell 4.8%, IDGC Holding shed 4.5%, and TGK-9 was off 4.2%.
Dietary supplements maker Diod, which placed 10% of shares in an IPO ending on June 22 at 32.5 rubles per share, dropped 8.5% to 29.28 rubles.
Advancers included Mobile TeleSystems (MTS) , up 3%, Polymetal , up 1.2% and North-West Telecom , up 0.2%.
Volume totaled $3.831 million on RTS Classica, $372.38 million on RTS Standard and 43.124 billion rubles on MICEX.
RTS$#&: GAZP, GMKN, GUTB, HYDR, LKOH, MTSS, OGKB, PLZL, PMTL, PRSB, ROSN, RTKM, SBER, SIBN, SNGS, SPTL, TATN, TGKI, TRNF