LUKOY The largest oil company in the world LukOil unknown Message Board

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Gold/Mining/Energy : LUKOY The largest oil company in the world LukOil unknown

LUKOY 6.960

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Dec 26 4:00 PM EST

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To: Fred Levine who wrote (879)	10/11/2001 7:48:30 PM
From: Fred Levine	Read Replies (1) of 914

Russia shares rise midday on crude price gains MOSCOW - Key Russian shares posted gains for a third day on Thursday, boosted by increased foreign buying as signs of consolidation in crude prices revived investor appetites. But traders said the climate of global uncertainty meant the week's miniature rally would likely be short-lived and Russians were generally in a mood to sell. The key RTS index jumped up 3.26 percent to 189.80 on reported volume $12.5 million of by 1100 GMT. The Reuters Russian Composite was up 2.67 percent at 1,200.69. Traders said foreign demand throughout Russian oil paper, as well as utility Unified Energy System and Rostelekom was outweighing Russian participants' inclination to take profits after the three-day rise. Renaissance Capital trader Dmitry Kulyashenets said Thursday's rises in oil prices were working in favour of rises on the commodity-heavy Russian market. /Reuters/ fred

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