Reports » Russia
Russian stock market daily morning report (August 19, 2010, Thursday)
By Veles Capital
On Wednesday MICEX and RTS indices closed in the red zone having lost 0.34% and 0.42% respectively. The highest volume of deals was indicated in the shares of Sberbank and Gazprom, which lost 0.77% and 0.93% respectively. Shares of Raspadskaya added 2.99% due to the news on introduction into operation of the damaged mine. However totally the negative mood prevailed at the market.
News briefly
Oil and gas: Gazprom Neft reported by US GAAP for 2Q 2010.
Oil and gas: Gazprom Neft is preparing contracts for executing seismic works in Iraq and Guinea.
Metallurgy: Severstal is facing difficulties with selling its enterprises in the U.S.
Metallurgy: China is preparing to build up Zink output.
Metallurgy: RUSAL is a good borrower.
Metallurgy: China built up gold production.
Bank sector: preliminary results of Vozrozhdenie Bank by IAS for 1H 2010.
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