Bloomberg News

Novatek, X5 Retail, Sberbank May Move: Russian Equity Preview

October 10, 2011

Oct. 10 (Bloomberg) -- The following companies may be active in Russian trading. Stock symbols are in parentheses and share prices are from the previous close, unless noted otherwise.

The 30-stock Micex Index advanced 2.5 percent to 1,351.42.

OAO Novatek (NOTK RM): Russia’s second-biggest gas producer may report third-quarter operating results. Novatek gained 2.7 percent to 371.22 rubles in Moscow.

X5 Retail Group NV (FIVE LI): Russia’s largest retailer by sales may issue a third-quarter trading update. Its London- listed shares increased 2.7 percent to $26.96.

OAO Sberbank (SBER03 RX): Russia’s largest lender engaged Deutsche Bank AG and Troika Dialog to advise it on the possible acquisition of Dexia SA’s Turkish subsidiary Denizbank, Kommersant reported, citing unidentified people close to Sberbank. The stock rose 3.7 percent to 68.18 rubles.

--Editor: David Risser

To contact the reporter on this story: Henry Meyer in Moscow at hmeyer4@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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