Skip to content
Subscriber Only

Russia’s RTS Stock-Index Futures Gain as Oil at Two-Week High

Russia’s RTS stock-index futures gained, suggesting shares may rise further, as oil in New York traded near a two-week high after the European Union authorized a loan payout for Greece, helping investors’ optimism on a global economic recovery.

Futures on the dollar-denominated index expiring in September gained 0.2 percent on July 4. Contracts on OAO Rosneft, the country’s biggest oil producer, rose 0.1 percent, while agreements on OAO Lukoil, the second largest, and OAO Gazprom, the world’s largest gas producer, were little changed. U.S. markets were closed for the Independence Day holiday yesterday.