Stock Trade of Mining Companies On Russian Stock Market : Lukoil, Norilsk Nickel, Polyus Gold
March 5th, 2010 | File Under : Companies - Copper - Mining Stock
The following companies may be active in Russian trading. Stock symbols are in parentheses and share prices are from the previous close of trading in Moscow.
The 30-stock Micex rose 0.7 percent to 1,332.64 at the close of trading in Moscow. The dollar-denominated RTS Index increased 1.5 percent to 1,410.85.
OAO Lukoil : Crude oil rose after a report showed the U.S. economy grew at a 5.9 percent annual rate in the fourth quarter. Shares in Russia’s biggest non-state oil producer slipped 0.3 percent to 1,575.22 rubles.
OAO GMK Norilsk Nickel : Copper prices rose, capping the biggest monthly gain since August. Shares in Russia’s largest miner advanced 1.6 percent to 4,594.77 rubles.
OAO Polyus Gold : Gold prices may gain as investors seek a hedge against inflation and volatile markets, said Graham Tuckwell, chairman of ETF Securities Ltd. Shares in Russia’s biggest gold producer increased 0.6 percent to 1,470.58 rubles.
source : bloomberg.com
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