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Wednesday, January 25, 2006

Gazprom leads Russian stock market

RBC, 25.01.2006 - Moscow 11:57:31.Today's trade on the Russian stock market has started with growth in most securities. Gazprom is in the highest demand. In the first few minutes of trade the gas holding's securities grew by 0.5 percent on the St. Petersburg Stock Exchange, 0.75 percent on the RTS and 0.9 percent on MICEX. The RTS index opened 0.04 percent higher (1,307.53 points) and grew by 0.4 percent after the first 15 minutes. The RTS index may slide a little today due to profit fixing on LUKoil's shares and other oil securities. The Russian stock market may grow by 1-2 percent today, an expert told RBC. In New York yesterday, Gazprom's ADRs, as well as those of LUKoil and Surgutneftegas, were in high demand, which attributed to the market's higher opening today, the expert noted.

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