Gazprom, Norilsk Nickel, Raspadskaya: Russian Equities Preview

Base Metals Investing

Bloomberg reported the Micex Index lost 0.2 percent to 1,377.87, and the RTS Index fell 0.2 percent to 1,367.37.

Bloomberg reported the Micex Index lost 0.2 percent to 1,377.87, and the RTS Index fell 0.2 percent to 1,367.37.

The market news is quoted as saying,

OAO GMK Norilsk Nickel (GMKN RM): The world’s largest producer of the metal said it began to accept bids from investors seeking to sell shares in a $4.5 billion buyback program. Shares gained 7.4 percent to 6,998 rubles.

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