17 Feb 2010 19:33

RTS Index and MICEX Stock Exchange vary as dollar gains on Forex market

MOSCOW. Feb 17 (Interfax) - The bullish mood on the Russian stock market evaporated on Wednesday despite positive trends on world exchanges and increasing oil prices. Quotations on blue chips largely decreased as market players took profit as the dollar gained against the euro.

Benchmark stocks on the MICEX Stock Exchange, which during the day topped 1,370 points, slipped by 0.54% to close at 1,354.09 points.

The RTS Index increased for the day by 0.27% to close at 1,421.97 points.

Futures on the RTS Index were minus 0.2 points against the base asset.

Posting losses for the day on the MICEX were Gazprom , down 0.5%, VTB - 0.4%, Lukoil - 1.1%, MMC Norilsk Nickel - 0.9%, Rostelecom - 0.1%, Rosneft - 0.9%, Surgutneftegas - 1.2% and Sberbank - 0.9%.

Posting gains were Gazprom Neft , up 1.3%, Tatneft - 0.1% and Polyus Gold - 0.3%.

Posting gains among second tier stocks on the MICEX were Dorogobuzh , up 12.2% on common shares and 8.5% on prefs, Sollers - 8.5%, Aeroflot - 4.8%, Belon - 4$, Polymetal - 3.3% and Avtovaz - 3%.

Posting losses were TGK-5 , down 16.9%, TGK-9 - 6.5%, Rosinter - 4.6% and Magnit - 2%.

Total RTS Classic Trading for the day came to $3.429 million, RTS Standard - $383.38 million and MICEX Stock Exchange deals - over 50.99 billion rubles.