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Russian Movers: Lukoil, Seventh Continent, Silvinit, Uralkali

The 30-stock Micex Index (INDEXCF) climbed 1.7 percent to 1,843.43 by the 6:45 p.m. close in Moscow. The dollar-denominated RTS Index added 1.6 percent to 2,076.78.

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

OAO Lukoil (LKOH RX), Russia’s second-biggest oil producer, rose to its highest in almost a month, gaining 1.3 percent to 2,058.5 rubles. Crude rose to the highest in 30 months on concern the conflict in Libya, Africa’s third-largest exporter, will prolong production cuts.

OAO Seventh Continent (SCON) advanced for a second day, rising 0.3 percent to 261.49 rubles after Alexander Zanadvorov, the Russian supermarket chain’s owner, bought retailer Mosmart from OAO Sberbank. The stock pared earlier gains of as much as 2.4 percent.

OAO Uralkali (URKA) : The potash producer merging with domestic competitor OAO Silvinit climbed 2.2 percent to 240.25 rubles after it said profit jumped 83 percent last year amid rising prices for food and fertilizers.

OAO Silvinit (SILV RX) advanced 2.5 percent to 30,592 rubles, its highest since Dec. 17.

To contact the reporter on this story: Jason Corcoran in Moscow at jcorcoran13@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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