Russian stock market closes week with gains, MICEX Stock Exchange tops 1,330 points
MOSCOW. Feb 27 (Interfax) - The Russian stock market on Saturday posted gains as the MICEX Stock Exchange topped 1,330 points owing to domestic demand. This was, in turn, sparked by the improving international situation and commodities trends.
Benchmark stocks on the MICEX increased by 0.67% to 1,332.64 points while the RTS Index went up by 1.48% to 1,410.85 points.
Futures on the RTS came to minus 4.4 points against the base asset, indicating a neutral mood among investors.
For the past week, the RTS dropped by 0.9% while the MICEX went down by 1.6%.
The main advancers on Saturday on the MICEX were Gazprom , up 0.5%, VTB - 2.5%, MMC Norilsk Nickel - 1.4%, Rostelecom - 0.9%, Sberbank - 1.5% and 1% on the RTS, Gazprom Neft - 1.1%, Tatneft - 1.4%, Polyus Gold - 0.7% and Rosneft - 0.1%.
The main decliners for the day were Lukoil (RTS :LKOH), down 0.4% and Surgutneftegas - 1.2%.
Posting gains on the MICEX were the PIK Group of Companies , up 5.5%, Acorn - 5.5%, TGK-9 - 5% and RTM - 5%.
Posting losses were OGK-2 , down 0.7%, VolgaTelecom - 0.6% and TMK - 0.5%.
Total Classic RTS Trading for the date came to $0.948 million, RTS Standard - $131.26 million and MICEX Stock Exchange deals - 13.756 billion rubles.