Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Sberbank, VTB Group Lead Russia’s Micex Stock Index Higher

Don't Miss Out —
Follow us on:

March 14 (Bloomberg) -- OAO Sberbank and VTB Group, Russia’s biggest lenders, led gains on the country’s benchmark stock index after the Federal Reserve spurred confidence in the U.S. banking system and raised its economic assessment, stoking demand for riskier assets globally.

Sberbank, which has the biggest weighting in the Micex at 15 percent, added 2.7 percent to 103.26 rubles by the close in Moscow, its best rally since Feb. 24. VTB, with a 3.4 percent weighting, gained 1.9 percent to 7.328 kopeks.

To contact the reporter on this story: Alex Nicholson in Moscow at anicholson6@bloomberg.net

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.