TransCreditBank, Raspadskaya May Move: Russian Equity Preview
The following companies may be active in Russian trading. Stock symbols are in parentheses and share prices are from the previous close.
The 30-stock Micex Index (INDEXCF) declined 2 percent to 1,481.18 at the 6:45 p.m. close in Moscow yesterday. The dollar-denominated RTS Index lost 1.4 percent to 1,632.31.
TransCreditBank (TCBN RX): The Moscow-based lender is due to report second-quarter earnings today. The shares were unchanged at 22.751 rubles.
OAO Raspadskaya (RASP) : Metal Expert data showed Russia’s exports of steelmaking coal fell 21 percent in the first half from the same period a year earlier. Shares of the Russian coal producer dropped 3.9 percent to 137.06 rubles.
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