VTB Group, Sberbank, O’Key Group May Move: Russia Stock Preview
The following companies may be active in Russian trading. Stock symbols are in parentheses and share prices are from the previous close.
The 30-stock Micex Index (INDEXCF) increased 2.1 percent to 1,546.05, its fourth consecutive daily gain.
VTB Group (VTBR RX): Russia’s second-largest lender is scheduled to report second-quarter earnings. Shares lost 1.3 percent to 7.504 kopeks in Moscow.
OAO Sberbank (SBER03 RX): The government may decide “within weeks” on selling a 7.6 percent stake in Russia’s largest bank, Interfax reported, citing German Gref, chief executive officer of Sberbank. Shares in the lender rose 3.2 percent to 84.81 rubles.
O’Key Group SA (OKEY LI): The Russian supermarket chain, which reported a 25 percent increase in first-half profit, is scheduled to hold an earnings call. Shares gained 9.8 percent to $7.85 in London.
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