The Russian stock market continued to decline, led “System”


Moscow. June 6. INTERFAX.RU – the Russian stock Market reduced on the background of negative dynamics of world stock markets and oil, are leading the rollback of the shares of AFK “Sistema” at the court news under the claim “Rosneft”.

16:35 Moscow time the MICEX index amounted to 1870,19 paragraph (-0,4%), RTS index – 1039,23 paragraph (-0,5%); ruble prices of most of the major “chips” on the Moscow stock exchange decreased to 3.6%.

The dollar rose to 56,68 ruble (+0,08 roubles).

The leaders of the fall are the shares of AFK “Sistema” (-7,4%, to 13.11 rubles), “Russian grids” (-2,4%), Sberbank (-1,3%), “Surgutneftegaz” (-1,5%), “Tatneft” (-3,6% and -2% “preferred shares”).

The court granted the petition of Bashkortostan to join the claim of “Rosneft” against “the System” as a co-plaintiff, the correspondent of “Interfax” from the meeting.

Rosneft sought to increase the amount of the claim to AFK “System” because of the conversion exchange rate, taking into account that “Rosneft” asks to increase the amount of the claim to 170,619 billion.

AFK “System” also declared the petition for attraction as the third person of the Federal property Agency on the side of the defendant, but the court deferred this motion. The basic session under the claim “Rosneft” to AFK “System” the Arbitration court of Bashkortostan appointed on 27 June.

Increased shares of “Gazprom” (+0,3%), Magnit (+1,1%), “Mobile TeleSystems” (+0,9%), NOVATEK (+1,6%), “RusGidro” (+0,3%), “preferred shares” “Surgutneftegaz” (+1,2%).

In Asia on Tuesday was dominated by the decrease of the index, degradation in Europe (FTSE, CAC 40 losing 0.3-0.8 per cent) and America (S&P 500 index losing 0.3 percent) – investors are anxiously waiting the results of the parliamentary elections in the UK and the European Central Bank (ECB) on Thursday.

Early elections in the UK organized by Prime Minister Theresa may in the hope to strengthen the representation of conservatives in Parliament. Meanwhile, the recent terrorist attack in London, killing 7 people, may affect the results of the vote, if the British consider that the current government has failed to take adequate measures to ensure the safety of the population.

According to Eurostat, the Eurozone retail sales in April rose 0.1% in March and 2.5% in annual terms, while growth forecasts of 0.2% and 2.3%, respectively.

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