Lukoil Jumps for Best Rally in 7 Months on Output: Moscow Mover
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OAO Lukoil rose for its longest winning streak since August on optimism Russia’s second-biggest oil producer will boost output and dividends.
Lukoil gained 0.2 percent to 2,013 rubles by the close in Moscow, after adding as much as 2.7 percent earlier, the highest intraday level since April 2011 and a fifth day of gains. The number of shares traded was 1.8 million, equivalent to about two times the three-month average.