Russian Stock Market Falls on Oil and External Factors

The Russian stock market experienced a decline on Thursday, with the MICEX stock market closing down 1% at 1626.97 and the RTS down 1% at 781.65. The decline was driven by lower oil prices and mixed investor attitudes towards Russia's role in Syria. The fall was evident in the performance of major Russian companies, with many stocks experiencing losses.

Key Takeaways:

• The Russian stock market fell on Thursday, with the MICEX and RTS indices both down 1%.
• The decline was attributed to lower oil prices and mixed investor attitudes towards Russia's role in Syria.
• Major Russian companies such as Gazprom, Lukoil, and Rosneft experienced losses, with Gazprom declining by 1.2% and Lukoil by 2.6%.
• Companies such as Magnit, Polyus Gold, and FGC UES managed to buck the trend, gaining 1.5%, 0.2%, and 1.7%, respectively.
• The combined trading volume on the main Moscow Exchange market was 28.124 billion rubles, with 8.233 billion rubles in Sberbank ordinary shares traded.

Statistics:

• The MICEX closed at 1626.97, a 1% decline.
• The RTS closed at 781.65, a 1% decline.
• Gazprom declined by 1.2% to RUB 184.10.
• Lukoil declined by 2.6% to RUB 3,221.50.
• Rosneft declined by 2.1% to RUB 256.50.
• Magnit gained 1.5% to RUB 1,232.50.
• Polyus Gold gained 0.2% to RUB 1,070.20.
• FGC UES gained 1.7% to RUB 2.85.
• Total trading volume was 28.124 billion rubles.
• Sberbank ordinary shares traded for 8.233 billion rubles.

Sources:

• Interfax: "Russian stock market falls on oil, external factors" (October 1)