Sistema Gains Most in 3 Months as Unit Cleared for Bid
The global depositary receipts rose 4.9 percent to $24.96 at the 4:30 p.m. close in London, their biggest gain since July 2.
Bashneft and OAO Surgutneftegaz are the only companies cleared to bid in a tender for the right to develop the Trebs and Titov oil fields, ministry spokeswoman Yelena Koverga said by phone today.
Surgutneftegaz closed up 1.6 percent at 28.937 rubles in Moscow, its biggest gain since Sept. 1.
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