Lukoil, TNK-BP Holding, Raven Russia: Russian Equities Preview

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 Index gained 0.42 percent to 1,436.06 at the close in Moscow. The dollar-denominated RTS Index rose 0.78 percent to 1,488.67.

OAO Lukoil (LKOH RX): Russia’s largest oil producer not controlled by the state said it would buy just under 5 percent of its own shares from ConocoPhillips and sell them to UniCredit Bank AG. Lukoil was little changed at 1,799.44 rubles ($58.6) at the close in Moscow.

OAO TNK-BP (TNBP RU): Russia’s third-largest oil producer may advance talks to buy assets in Venezuela from BP Plc, one of its shareholders, according to Venezuela’s Energy Ministry. TNK- BP Holding fell 0.23 percent to $2.155 in Moscow.

Raven Russia (RUS LN): The London-listed property company operating in Russia and Ukraine is talking to banks about a $1 billion sale of bonds backed by rental incomes in Russia, the Sunday Times reported without saying where it got the information. Raven Russia fell 2.4 percent to 50.75 pence in London.

To contact the reporter on this story: Stephen Bierman in Moscow sbierman1@bloomberg.net.

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net.

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