Russia Equity Movers: MTS, M. Video, NLMK, Nordgold Active

The 30-stock Micex Index (INDEXCF) fell 0.3 percent to 1,426.29 by the close in Moscow. The dollar- denominated RTS Index rose 0.6 percent to 1,390.63.

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

OAO Magnit (MGNT RX) surged 5.9 percent to 3,935.39 rubles, the biggest jump since Oct. 24. Russia’s largest retailer gained as retail sales accelerated last month while unemployment remained at a 13-year low, the Federal Statistics Service in Moscow said today. Economists had projected sales to remain unchanged from May, according to a Bloomberg survey.

OAO Mobile TeleSystems (MTSS RX) slid 1.3 percent to 225.33 rubles, the second day of declines. Authorities in Uzbekistan suspended the license of Russia’s biggest mobile-phone company’s local unit for 10 days yesterday, citing violations.

M. Video (MVID RX) climbed 0.7 percent to 260.25 rubles, rising for the first day in three. Russia’s biggest consumer electronics retailer by revenue said first-half sales increased 27 percent to about 70 billion rubles ($2.17 billion) as the company opened 18 new stores.

Nordgold NV (NORD) fell 1 percent to $4.95 in London, the biggest drop since July 12. The Russian gold producer cut its 2012 output target by about 10 percent, citing “production bottlenecks.”

OAO Novolipetsk Steel (NLMK RX) gained 0.2 percent to 53.24 rubles. The Russian steelmaker controlled by billionaire Vladimir Lisin said it sees second-quarter earnings stronger than in the first, as finished steel output rose 7 percent from the previous quarter. The shares jumped 1.1 percent to $16.54 in London.

To contact the reporter on this story: Ksenia Galouchko in Moscow at

To contact the editor responsible for this story: Gavin Serkin at

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