Bloomberg the Company & Products

Bloomberg Anywhere Login


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.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Norilsk Gains 1st Day in Five as Usmanov Says He’s Lifting Stake

Don't Miss Out —
Follow us on:

April 27 (Bloomberg) -- OAO GMK Norilsk Nickel climbed for the first time in five days after Russian billionaire Alisher Usmanov said he’s increasing the stake he controls in the country’s biggest mining company.

The stock added as much as 1.2 percent and traded up 0.7 percent at 5,120 rubles as of 11:50 a.m. in Moscow. The benchmark Micex Index increased 0.2 percent to 1,449.91.

“We are increasing our stake now,” Usmanov said in an interview with Rossiya-24 state television, without providing more details. Usmanov’s Metalloinvest holding company had 4 percent of Norilsk before the company’s latest buyback offer.

To contact the reporter on this story: Alex Nicholson in Moscow at

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

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.