The RTS broke through the 2,000 point threshold last week in its biggest one-day gain since July 2006, raising hopes that the markets will recover from what has been a tough couple of months.

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Capitalization of Russian stock market increases 0.66% on Wednesday
Interfax Russia, Russia -Sep 26, 2007
The leaders in market value were Gazprom (RTS: GAZP), with $258.362 billion, Rosneft (RTS: ROSN), with $90.508 billion, and Sberbank RF (RTS: SBER),

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Citigroup, Gazprombank win tender to arrange 35 bln roubles in
CNNMoney.com -Sep 27, 2007
Gazprom also said it has mandated Troika Dialog (TSX:TOC) to buy back 1.0 bln roubles of its stock on the market. The copying, republication or

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MOSCOW, Sept 28 - Russia’s former power monopoly UES will use a greenshoe additional allotment option in the secondary offering of shares of power utility OGK-6 to prevent stock price volatility during the sale, it said in a statement on Friday.

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Sibir Energy , the Russia-focused oil and gas company and Aim’s largest stock, is planning to move to the official list after more than doubling profits on the back of strong production from its main fields.

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Extra shares in prospect in Russia's OGK-6 offer
Reuters UK, UK -2 hours ago
After the share sale, however, Gazprom's stake would be diluted to 41.1 percennt unless it buys shares to maintain control.
Russia's OGK-2 share sale 2x oversubscribed -sourcesReuters UK
Last minute scramble for OGK-2 offeringMSNBC
all 18 news articles

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MOSCOW, Sept 28 - Russia’s gas monopoly Gazprom paid $640 million on Friday to keep control of power generator OGK-2 , scaring off other investors in a secondary share offering that was slashed in size.

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MOSCOW, Sept 28 - Russia’s former power monopoly UES will use a greenshoe additional allotment option in the secondary offering of shares of power utility OGK-6 to prevent stock price volatility during the sale, it said in a statement on Friday.

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MOSCOW (Thomson Financial) - OAO Gazprom will acquire 640 mln usd worth of OGK-2 shares when the utility carries out its planned initial public offering, a source familiar with the transaction told Interfax.

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2007-09-28 15:14:35 Murray lightens Cubs’ mood

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