Russian Stock Indices MICEX, RTS Up 0.7% at Start of Main Trading Session

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Russian stock market continued its upward trend at the start of the main trading session on November 6, driven by sustained hopes for progress in the Ukrainian settlement, according to Moscow Exchange data.

In the first minute of trading, the Moscow Exchange Index rose by 0.7% to 2472.17 points, while the RTS Index gained 0.7% to 952.12 points.

Among the leading gainers were shares of AFK "Sistema" (+5.3%), Cian (+3.6%), Novatek (+2.3%), IKS 5 (+2.3%), Moscow Credit Bank (+2.2%), Rosneft (+1.7%).

Also gaining were shares of Surgutneftegaz (+1.3% and +0.4% for preferred stock), Norilsk Nickel (+1.1%), PhosAgro (+1%), Severstal (+0.9%), MMK (+0.9%), Gazprom (+0.8%), Lukoil (+0.8%), Moscow Exchange (+0.7%), MTS (+0.6%), Inter RAO (+0.6%), Tatneft (+0.5%), Yandex (+0.5%), Rusal (+0.4%), T-Technologies (+0.4%), NLMK (+0.3%), HeadHunter (+0.3%), VTB (+0.2%).

However, shares of VK (-2.6%), Polus (-0.6%), Alrosa (-0.2%), and Sberbank (-0.1%) declined.