Bloomberg News

Sberbank, RusHydro, HMS Group: Russian Equity Market Preview

October 03, 2011

Oct. 4 (Bloomberg) -- The following companies may be active in Russian trading. Stock symbols are in parentheses and share prices are from the previous close of trading in Moscow.

The 30-stock Micex Index lost 1.6 percent to 1,344.66. The dollar-denominated RTS Index dropped 3.7 percent to 1,291.70.

OAO Sberbank (SBER03 RX): The ruble depreciated against the dollar for a fourth day, dropping to the weakest in more than two years. Shares of Russia’s biggest lender slid 3.1 percent to 68.34 rubles.

OAO RusHydro (HYDR RX): The state-run hydropower utility is slated to report first-half financial results. The shares of RusHydro gained 1.5 percent to 1.0667 rubles.

HMS Hydraulic Machines and Systems Group PLC (HMSG LI): The Russian pump maker is scheduled to report first-half financial results. HMS Group fell 2.6 percent to $4.48 in London.

--Editors: Brendan Walsh, Richard Richtmyer

To contact the reporter on this story: Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net


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