OGK-2, OGK-6, Polyus Gold, Surgutneftegas: Russia Equity Preview
The following companies may be active in Russian trading. Stock symbols are in parentheses and share prices are from the previous close in Moscow.
The 30-stock Micex Index fell 0.1 percent to 1,780.36, while the dollar-denominated RTS Index rose 0.1 percent to 2,030.32.
OAO OGK-2 (OGK2 RX): Two wholesale power generators controlled by OAO Gazprom, OGK-2 and OGK-6, are scheduled to report their annual financial results under international standards. OGK-2 rose 1.4 percent to 1.6321 rubles, while OAO OGK-6 added 0.8 percent to 1.3326 rubles.
OAO Polyus Gold (PLZL RX): Gold rose to a record on speculation that the sovereign-debt crisis in Europe will worsen, boosting the appeal of the precious metal as an alternative to currencies. Polyus advanced 1.3 percent to 1,653.60 rubles.
OAO Surgutneftegas (SNGS RX): Oil touched $110 a barrel in New York after market closure in Moscow. Surgutneftegas, a Russian oil producer, fell 0.5 percent to 29.396 rubles.
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