Russian stock market gains following oil prices, MICEX tops 1250 points
MOSCOW. Oct 1 (Interfax) - The Russian stock market posted gains in blue chips on Thursday following rising oil prices.
Benchmark stocks on the MICEX Stock Exchange went up by 1.19% to 1,211.44 points while the RTS Index increased by 0.98%to 1,266.85 points.
The negative in RTS futures came to 13.8 points, indicating a moderately negative mood among investors.
The main advancers for the day were Gazprom , up 0.6% on the MICEX, VTB - 1.4%, Lukoil - 2.2% and 3.3% on the RTS Index, Rosneft - 0.1%, Gazprom Neft - 3.3%, Surgutneftegas - 0.4%), Tatneft - 1.9%, Sberbank - 0.2%, Polyus Gold - 0.3% and MMC Norilsk Nickel - 1.4%.
Posting gains among second tier stocks on the MICEX were RTM, up 39.9%, TGK-2 - 17.4%, MRSK North Caucasus - 14.1%, Pharmacy Chain 36.6 - 13.4%, the PIK Group of Companies - 10.8%, Belon - 8.6% and MRSK Holding - 8.2%.
Posting losses were RBC Information Systems , down 6.2%, Vozrozhdenie Bank - 5.5%, Sibirtelecom - 3.5% and Avtovaz - 2.6%.
Total RTS Classic Trading on Thursday came to $8.37 million, RTS Standard - $318.64 million and MICEX Stock Exchange deals - 54.288 billion rubles, led by Sberbank with 14.03 billion rubles in transactions on common shares.