Bloomberg News

Russia Equity Movers: Rosneft, Transneft Shares Are Active

June 21, 2012

The 30-stock Micex Index (INDEXCF) added 0.3 percent to 1,378.47 by 4:54 p.m. in Moscow.

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

OAO Rosneft (ROSN RX) jumped 2.9 percent to 207.57 rubles, the highest intraday level since June 1. OAO Lukoil, Russia’s second-biggest oil producer, offered its larger state-run rival stakes in projects in West Africa. Lukoil traded down 0.6 percent at 1,738.30 rubles.

OAO Transneft (TRNFP RX) fell 1.1 percent to 45,178 rubles, declining for the third day. Shares of Russia’s oil-pipeline operator retreated after the company posted a 31 percent slide in first-quarter net income.

-- Editors: Alex Nicholson, Linda Shen

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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