Bloomberg News

Russia Equity Movers: VTB, Norilsk Nickel Are Active in Moscow

June 05, 2012

The 30-stock Micex Index (INDEXCF) dropped 0.7 percent to 1,297.04 by the close in Moscow. The gauge declined 11 percent last month, the most since September. The dollar- denominated RTS Index rose 0.5 percent to 1,246.40.

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

VTB Bank (VTBR RX) rose 0.4 percent to 52 kopeks after earlier adding as much as 1.6 percent. A possible Greek departure from the euro area won’t have a “critical” impact on Russia’s financial industry, RIA Novosti reported, citing central bank First Deputy Chairman Alexei Simanovsky.

OAO Norilsk Nickel (GMKN RX) fell 0.8 percent to 4,880 rubles. The Russian government has increased the nickel export tariff by 16 percent.

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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