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 (INDEXCF) rose 1.5 percent to 1,346.86 at the close in Moscow. The dollar-denominated RTS Index was little changed at 1,315.25.
OAO TNK-BP Holding (TNBP) : HRT Participacoes em Petroleo SA, a Brazilian oil exploration company, may allow TNK-BP to operate some wells in a proposed venture in Brazil. TNK-BP had previously said that the lack of the option to operate the project threatened the $1 billion deal. BP Plc’s Russian venture with a group of billionaires rose 0.8 percent to 76.07 rubles.
OAO Sberbank (SBER03 RX): President Dmitry Medvedev signed a decree accepting Finance Minister Alexei Kudrin’s resignation after accusing him of “insubordination” for questioning the Russian leader’s spending policies. The move may further pressure the ruble, which has fallen to its lowest level against the dollar in more than two years. Russia’s largest holder of ruble deposits fell 1.3 percent to 69.25 rubles.
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