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Russian markets -- Factors to Watch on May 13

Tue May 13, 2008 2:14am EDT
 
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 MOSCOW, May 13 (Reuters) - Here are events and news stories
that could move Russian markets today.
 You can reach us on: +7 495 775 1242
 
 STOCKS CALL (Contributions to moscow.newsroom@reuters.com):
 Aton: Expects prices to open at the same level as Monday's
close, with the RTS index finding support at about 2,290 points.
 Olma: Stocks could possibly rise as, even though oil prices
have corrected downward slightly from record highs, they are
still trading at sufficiently high levels to attract investors.
 
 EVENTS [RU-DIA] (All times GMT):
 YEKATERINBURG - German Foreign Minister Frank-Walter
Steinmeier in Russia, meets Russian Foreign Minister Sergei
Lavrov on May 13-14
 MOSCOW - RIA Novosti hosts round table of experts to
discuss: "New president, new cabinet, new course"
 MOSCOW - Moscow arbitration court will consider a $22.5
billion claim of the Federal Customs Service against Bank of New
York
 MOSCOW - Gazprom Neft (SIBN.MM: Quote, Profile, Research, Stock Buzz) board meeting
 KIEV - President Viktor Yushchenko gives his annual address
to the nation.
 
 IN THE PAPERS [PRESS/RU]:
 Business dailies Vedomosti and Kommersant both lead with
details of Russia's new government. To see a Reuters story,
please double-click on [ID:nL12588849].
 Vedomosti reports Vladimir Potanin will pay former business
partner Mikhail Prokhorov around $5 billion for the latter's 50
percent stake in the KM-Invest investment vehicle they formerly
shared, bringing to an end a protracted asset split.
 Vedomosti also reports Vagit Alekperov, president of No. 2
Russian oil producer LUKOIL (LKOH.MM: Quote, Profile, Research, Stock Buzz), has become the firm's
largest shareholder by increasing his stake to 20.4 percent. To
see a Reuters story, please double-click on [ID:nL12106200].
 Kommersant reports Slovakia's J&T Group has acquired a 75
percent stake in the owner of the Balchug Kempinski hotel, one
of Moscow's top hotels.
 
 TOP STORIES IN RUSSIA AND THE CIS [RU-NEWS]:
 TOP NEWS:
 Putin in control as Russia names cabinet        [ID:nL12588849]
 FACTBOX-Russia's top officials: Who does what?  [ID:nL12481147]
 Russia adjusts 2008-2011 economic forecasts     [ID:nL12512819]
 
 COMPANIES/MARKETS:
 Russian tycoon Usmanov buys stake in Megafon    [ID:nL12376279]
 Russian retailer Magnit bossts Q1 profit 71 pct [ID:nL13357055]
 LUKOIL head Alekperov becomes top shareholder   [ID:nL12106200]
 Uralkali board backs $170 mln div payout for '07 [ID:nL1289221]
 
 ECONOMY/POLITICS:
 Soft-spoken economist Kudrin keeps cabinet seat [ID:nL12473592]
 Russia's Kudrin says WTO talks will not slow    [ID:nL12666389]
 Ukraine bans Moscow mayor after naval comments  [ID:nL12871897]
 Georgia rebels say shot 2 Georgian spy drones    [ID:nL1229515]
 Russia c.bank injects 0.07 bln roubles via repos[ID:nL12722033]
 
 ENERGY:
 Putin names reactor salesman as energy minister [ID:nL12647916]
 LUKOIL sees Russian oil output fall to continue [ID:nL12444976]
 Azeri Jan-Apr oil output, exports rise           [ID:nL1257865]
 
 COMMODITIES:
 Belarus sees no more potash price rise in '08   [ID:nL12731518]
 Russian grain prices decline as new crop awaited[ID:nL12669181]
 Ukraine distributes additional grain quotas     [ID:nL12449162]
 
 MARKETS CLOSE/LATEST:
 RTS                   .IRTS           2,321.1   +1.63 pct
 MSCI Russia           .MIRU00000PUS   1,527.9   +0.83 pct
 MSCI Emerging Markets .MSCIEF         1,199.3   +0.43 pct
 
 Russia 30-year Eurobond<RU011428878=> yield: 5.241/5.211 pct
 EMBI+ Russia 11EMJ  150 basis points over
 
 Rouble/dollar <RUBUTSTN=MCX>   23.7770
 Rouble/euro   <EURRUBTN=MCX>   36.7335
 
 NYMEX crude CLc1       $123.20   -$1.03
 ICE Brent crude LCOc1  $122.01   -$0.90
 
 For Russian company news, double click on [E-RU]
 Treasury news [M-RU]    Corporate debt [D-RU]
 Russian stocks [.ME]    Russia country guide RUSSIA
 All Russian news [RU]   Scrolling stocks news [STXNEWS/EU]
 Emerging markets top news [TOP/EMRG]
 Top deals [TOP/DEALS]    European companies [TOP/EQE]
(Compiled by Robin Paxton)

 

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