Russia Equity Movers: Evraz, Bank Vozrozhdenie, Rosneft, Lukoil

The 30-stock Micex Index advanced 0.8 percent to 1,401.91 at the 6:45 p.m. close in Moscow, paring yesterday’s loss of 4.8 percent. The dollar-denominated RTS Index rose 0.4 percent to 1,431.13.

The following are among the most active stocks in the Russian market today. Stock symbols are in parentheses:

Bank Vozrozhdenie (VZRZ RX), a Russian lender, advanced the most in more than three weeks after reporting its net third- quarter income more than doubled to 411 million rubles ($13.2 million) from 179 million rubles a year earlier. The stock rose 4.3 percent to 689.70 rubles, the biggest daily jump since Oct. 28.

Evraz Plc. (EVRZ LI) rose 1.4 percent to $15.05 in London after Goldman Sachs Group Inc. affirmed its “buy” recommendation for the steelmaker in an e-mailed note and said it was a “top pick.” Rival OAO Severstal (CHMF RX) gained 2.5 percent to 404.20 rubles after Goldman raised its recommendation to “buy” from “neutral.”

OAO Rosneft (ROSN) and OAO Lukoil (LKOH) , Russia’s two largest oil companies, advanced as crude futures climbed 1.4 percent to $98.29 a barrel in New York. Rosneft gained 0.8 percent to 205.02 rubles, and Lukoil rose 0.5 percent to 1,651.40 rubles.

To contact the reporter on this story: Jack Jordan in Moscow at jjordan22@bloomberg.net

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

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