G7 summit kicks off in ItalyWorld May 26, 13:55
Kremlin spokesman says Russia stands with UK in war on terrorRussian Politics & Diplomacy May 26, 13:13
Russia looks for traces of extra-terrestrial life forms on ISS surfaceScience & Space May 26, 13:04
Press review: NATO's anti-terror Trump card and US' Syrian civilian body countPress Review May 26, 13:00
Russia warns NATO against military buildup along eastern borderRussian Politics & Diplomacy May 26, 12:01
Russia to sell over 360 cutting-edge helicopters by 2030Military & Defense May 26, 11:37
Trump’s limo too big to fit through Royal Palace gates in BrusselsWorld May 26, 11:18
Russian ambassador says Paris remains important partner for MoscowRussian Politics & Diplomacy May 26, 10:20
Siberia’s forest fires quadruple to engulf 30,000 hectaresWorld May 26, 9:45
The MICEX went up 0.23% to 1,468.17, and the RTS increased 0.09% to 1,246.64.
“Investors were on the watch for something to happen. EU leaders made clear that no further sanctions will be introduced if militants in Ukraine manage to keep the ceasefire but there are still fears that the ceasefire will be temporary,” Veles Capital senior analyst Airat Khalikov said.
The EU approved a new set of sanctions concerning Russia’s biggest oil and oil pipeline industry representatives Rosneft, Gazprom Neft and Transneft, but it postponed the introduction of new penalties until a possible escalation of the armed conflict in Ukraine.
The ceasefire between separatists and Kiev, which was announced earlier, was largely maintained on Tuesday, Russian Foreign Minister Sergei Lavrov said.
Mechel was gaining momentum on the news that Russian Railways is discussing ways to finance an acquisition of its railroad to the Elga coal deposit in Siberia. The negotiations are on a very advanced stage which gives confidence to investors, Khalikov said. After the deal is signed, Mechel will receive 70 billion rubles. Mechel advanced 2.01% by the end of the trading session.
Magnit outperformed the market, rising 1.80%, after posting good financial results for August with revenue growing 34.1% to 65.6 billion rubles, Tkachuk said.
Bashneft’s shares rose 2.40% as the central bank announced a decision late Monday to allow the company to make a secondary public offering abroad, Tkachuk said.