Russian stock alert

RUSS

CLOSING UPDATE: Inter Rao UES up 2.2% in 2 days 19 January 2018 19:43 SAMT

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Russian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Inter Rao UES, Russia's largest electric company by market capitalisation, extended its gains on Friday, rising an additional 3.60 Kopeck (or 1.0%) to trade at RUB3.52. Trading volume was 1.2 times average at the end of the day. The shares have risen 7.40 Kopeck (or 2.2%) over the past two trading days vs. the MOEX Russia Index which has risen 0.6% in the same period.

Technical indicators complementing today's significant uptrend:

+ The price lifted 2.3% in the last week and increased 0.7% in the last month.

Note

Inter Rao UES today is at a discount of 16.5% to the 12-month high of RUB4.21 on 06 Apr, 2017. It is at a premium of 9.0% to the 12-month low of RUB3.22 on 27 Dec, 2017.

Bearish Signals:

The negative 0.03 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

The stock has underperformed 88% of the Russian market over the past 6 months.

In the last three months the stock has hit a new 52-week low four times, pointing to a downtrend.

TODAY'S ALERT

Morning Alert: Inter Rao UES decreases 0.2%

19 January 2018 11:38 SAMT

Inter Rao UES, JSE (MICEX:IRAO) traded on volume of 0.8 times average so far today while the price decreased 0.70 Kopeck (or 0.2%) to trade at RUB3.47.

RECENT ALERTS

Morning Alert: Inter Rao UES increases 1.7% on high volume

18 January 2018 11:38 SAMT

Inter Rao UES, JSE (MICEX:IRAO) traded on heavy volume of 2.4 times average so far today while the price increased 5.70 Kopeck (or 1.7%) to trade at RUB3.50.

CLOSING UPDATE: Inter Rao UES recovers 0.9% on firm volume

17 January 2018 19:45 SAMT

Inter Rao UES, Russia's largest electric company by market capitalisation, traded on heavy volume of 1.1 times average today while the price decreased 0.50 Kopeck (or 0.1%) to trade at RUB3.44. Compared with the MOEX Russia Index which rose 20.6 points (or 0.9%) in the day, this represented a relative price change of -1.1%.

Inter Rao UES, JSE (M:IRAO; MCX:IRAO; MM:IRAO; RM:IRAO)

ISIN: RU000A0JPNM1

PermID: 4298075771

Source: www.BuySellSignals.com