Bloomberg News

Russia Equity Movers: Gazprom, Globaltrans, MTS, Raspadskaya

May 25, 2012

The 30-stock Micex Index (INDEXCF) fell 0.2 percent to 1,281.60 by the close in Moscow, paring the week’s gain to 0.8 percent. The dollar-denominated RTS Index dropped 1.1 percent to 1,272.69.

The following are among the most active stocks in the Russian market today. Stock symbols are in parenthesis.

OAO Gazprom (GAZP RX) rose for the second day, adding 0.6 percent to 142.97 rubles. UBS AG added Russia’s natural-gas export monopoly to its “Key Call” emerging-markets list following a dividend increase.

Globaltrans Investment Plc (GLTR) rallied 3.1 percent to $16.90, the most since April 30. The London-traded rail-freight operator rose after VTB Capital confirmed its buy recommendation, citing the acquisition of the Metalloinvesttrans railway unit and 2011 earnings.

OAO Mobile TeleSystems (MTSS RX) gained a second day, adding 1.3 percent to 218.75 rubles. Russia’s biggest mobile- phone operator and AFK Sistema, its controlling shareholder, may be ranked together with the fourth-biggest weighting in MSCI Inc.’s Russia 10/40 index today, Troika Dialog and VTB Capital said yesterday.

OAO Raspadskaya (RASP RX) rallied 6.4 percent to 69.75 rubles, the biggest gain since Feb. 13. UBS added the coal producer to its most preferred metals and mining stocks list, citing low valuations.

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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