Uralsib’s common stock tops depreciating shares list

Russian Trading System’s securities trading volume totaled to $13.7bn (385.7 billion RUR) in December 2008, including all kinds of transactions, even off-exchange ones. Gazprom’s (GAZP) common stock topped the stock market’s turnover rating with its $46.7m worth of transactions, followed by Sberbank of Russia’s (SBER) $46.6m worth of common stock deals, and the common stock of LUKOIL (LKOH) with its $22.2m worth of transactions in December 2008. These companies’ market shares thus came to 22.99%, 22.97%, and 10.92%, respectively. URALSIB’s (USBN) common stock soared by 100% (up to $.006) and

Russian Stock Exchange (RTS) index rose 1.67% and reached 1488.67 points over the week of September 20-24, 2010. On September 17, 2010, the index came to 1464.18 points. The common stock of LUKOIL (LKOHS) made the most positive impact on the index, with its +14.05 rise. The shares of Sberbank of Russia (SBERS) and Norilsk Nickel (GMKNS) increased by +8.19 and +3.68 points, respectively. The common stock of OAO Concern Kalina (KLNA), which dropped by 5.26% down to $18, topped the list of depreciating shares and was followed by the ordinary and preference shares of OAO Rostelecom (RTKM): these

RTS stock exchange stopped dealing in Uralsvyazinform’s common and preferred stock for one hour at 11 AM Moscow time. This had to do with the mobile operator’s shares dropping in price by over 10% at the opening of business. At the same time, the company’s common stock fell by 18.16% at MICEX stock exchange by 11 AM on Monday, thus coming to only 17.5 RUR per share.

Alpha-Bank’s Chief Analyst Natalia Orlova and Analyst Olga Naidenova commented on the accounts and reports for the year 2006 drawn up by URALSIB in compliance with the International Accounting Standards. 'The bank’s performance seems to have been quite poor last year; its net profit, for instance, decreased by 61%. The report also indicates that the bank now owns fewer shares of LUKOIL, whereas having a share holding in this company used to be viewed as their great advantage. URALSIB only had $534m worth of LUKOIL’s shares at the beginning of 2007 against $776m in 2005. Trying to create

MICEX reports Baltika Beer Company’s common stock price dropped by 10.5%, or 46 RUR, in just one day. The price came to 436 RUR per share at the start of the day but went down to 390 RUR at the close of business on February 18, 2009.