Bloomberg News

Razgulay Group, Rosneft, Transneft: Russian Stock Market Preview

October 25, 2011

Oct. 26 (Bloomberg) -- The following companies may be active in Russian trading. Stock symbols are in parentheses and share prices are from the previous close.

The 30-stock Micex Index fell 1.4 percent to 1,462.17. The dollar-denominated RTS Index fell 0.6 percent to 1,500.05.

Razgulay Group (GRAZ RX): Russia, which barred grain exports last year because of a drought, will impose an export tax in an effort to limit shipments if they exceed 24 million to 25 million metric tons, Prime Minister Vladimir Putin said. Razgulay Group, a Russian grain and sugar producer, fell 1.7 percent to 35.41 rubles.

OAO Rosneft (ROSN RX): Rosneft said it found crude at the Lebedinskoye oilfield off the shores of Sakhalin Island. The company also plans to publish a statement on third-quarter earnings today. Rosneft fell 0.7 percent to 207.08 rubles.

OAO Transneft (TRNFP RX): Transneft, Russia’s oil pipeline operator, began pumping crude oil through a $1.5 billion link today to boost flows from new Siberian developments to Asian markets as Russia seeks to diversify energy exports away from Europe. Transneft rose 5.3 percent to 35,685 rubles.

--Editors: Marie-France Han, Richard Richtmyer

To contact the reporter on this story: Marina Sysoyeva in Moscow

To contact the editor responsible for this story: Claudia Carpenter at

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