Bloomberg News

Raspadskaya Rises Most Since February on UBS Preferred List

May 25, 2012

OAO Raspadskaya rose the most in more than three months after UBS AG (UBSN) added the coal producer to its “most preferred” list of metals and mining stocks, citing lower valuations.

Raspadskaya jumped 6.4 percent, the biggest gain in the 30- stock Micex Index, to 69.75 rubles by close in Moscow, the most since Feb. 13. The stock has lost 30 percent this year and trades at 5.6 times estimated earnings.

To contact the reporter on this story: Ksenia Galouchko in Moscow at kgalouchko1@bloomberg.net

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


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