Bloomberg News

RUSSIA DAYBOOK: Norilsk Buyback Results, Deripaska, Etalon Sales

October 31, 2011

Billionaire Oleg Deripaska’s Basic Element plans to sign an agreement with China’s Changi Airports. OAO GMK Norilsk Nickel may report the results of its buyback program. Etalon Group reports third-quarter operating results.

ALL TIMES +4 GMT

WHAT TO WATCH: *Presidential adviser Arkady Dvorkovich speaks on the economy and this week’s Group of 20 meeting at 10 a.m. *Foreign Affairs Minister Sergei Lavrov meets his Belarus counterpart. *Deripaska’s Basic Element signs an agreement with Changi Airports and OAO Sberbank at 12 p.m. *Communist leader Gennady Zyuganov holds a briefing at 12 p.m. *The lower house of parliament holds a discussion on macroeconomic and financial challenges in the fourth quarter of 2011 and first quarter of 2012 at 2 p.m.

EQUITY MOVERS: *Etalon Group Ltd. plans to publish third-quarter operating results after 11 a.m. *Norilsk Nickel, Russia’s largest mining company, may announce

MARKETS: *The 30-stock Micex Index (INDEXCF) rose 0.1 percent to 1,526.57, and the dollar-denominated RTS Index (RTSI$) added 1.1 percent to 1,610.32. *Russia’s benchmark 2018 ruble Eurobond was little changed with the yield rising one basis point to 7.031. *The ruble strengthened 0.9 percent versus the dollar to 29.6950 and 0.6 percent versus the euro to 42.1425. *The MSCI (MXEF) Emerging Markets Index fell 0.7 percent to 1,002.74 at 8:56 a.m. *Crude for December delivery fell 1 percent to $92.37 a barrel on the New York Mercantile Exchange. *Brent crude declined 0.9 percent to $108.97 a barrel on the ICE Futures Europe exchange in London. *Gold for immediate delivery dropped 1.7 percent to $1,713.70 an ounce.

To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net


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