Bloomberg News

Russia Equity Movers: United Co. Rusal, Nomos Bank Are Active

March 27, 2012

The 30-stock Micex Index slipped 0.4 percent to 1,558.45 as of 4:55 p.m. in Moscow. The dollar- denominated RTS dropped by the same to 1,706.26.

The following are among the most active equities in the Russian market today. Stock symbols are in parentheses.

Nomos Bank (NMOS) (NMOS RX) jumped the most in almost two weeks after posting a 35 percent net income gain last year as fees and commissions rose. The shares added 2.8 percent to 820 rubles, their biggest gain since March 14.

United Co. Rusal (RUALR) (RUALR RX) slid for a fourth day in Moscow, retreating 0.7 percent to 216.05 rubles. Otkritie Financial Corp. lowered its recommendation on the stock to hold from buy. The Hong Kong-traded shares closed up 1.4 percent at HK$5.79 earlier.

To contact the reporter on this story: Alex Nicholson in Moscow at anicholson6@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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