Russian stock alert

RUSS

CLOSING UPDATE: Lenenergo down 13.7% in 2 days 18 June 2018 19:45 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).

Lenenergo, Russia's 19th largest electric company by market capitalisation, extended its slide on Monday, shedding an additional RUB15.20 (or 12.7%) to trade at RUB104.45. Trading volume was 4.8 times average at the end of the day. The preference shares have fallen RUB16.55 (or 13.7%) over the past two trading days vs. the MOEX Russia Index which has fallen 1.2% in the same period.

Note

Lenenergo today is at a discount of 14.4% to the 12-month high of RUB122.0 on 15 Jun, 2018. It is at a premium of 105.6% to the 12-month low of RUB50.80 on 29 Jun, 2017.

Bullish Signals:

The preference stock has outperformed 93% of the Russian market over the past 6 months.

In the last three months the preference stock has hit a new 52-week high eleven times, pointing to a significant uptrend.

The present value of RUB1,000 invested one year ago is RUB1,687 [vs RUB1,225 for the MOEX Russia Index].

TODAY'S ALERTS

Afternoon Alert: Lenenergo down 9.5% in 2 days

18 June 2018 14:06 SAMT

Lenenergo Preference (MICEX:LSNGP) extended its slide on Monday, shedding an additional RUB10.15 (or 8.5%) to trade at RUB109.50. Trading volume was 1.5 times average so far today. The preference shares have fallen RUB11.50 (or 9.5%) over the past two trading days vs. the MOEX Russia Index which has fallen 0.7% in the same period.

Morning Alert: Lenenergo down 9.8% in 2 days

18 June 2018 11:38 SAMT

Lenenergo Preference (MICEX:LSNGP) extended its slide on Monday, shedding an additional RUB10.45 (or 8.7%) to trade at RUB109.20. Trading volume was 3.2 times average so far today. The preference shares have fallen RUB11.80 (or 9.8%) over the past two trading days vs. the MOEX Russia Index which has fallen 1.0% in the same period.

RECENT ALERTS

CLOSING UPDATE: Lenenergo hits 52-week high sixth time in one month

15 June 2018 19:47 SAMT

Lenenergo, Russia's 15th largest electric company by market capitalisation, hit a 52-week high of RUB122.0 today for the sixth time in the past one month and last traded at RUB119.65. Trading volume was 3.1 times average at the end of the day. Compared with the MOEX Russia Index which fell 16.4 points (or 0.7%) in the day, this represented a relative price change of -0.4%.

Afternoon Alert: Lenenergo hits 52-week high sixth time in one month

15 June 2018 14:06 SAMT

Lenenergo Preference (MICEX:LSNGP) hit a 52-week high of RUB122.0 today for the sixth time in the past one month and last traded at RUB119.80. Trading volume was 2.0 times average so far today.

Lenenergo Preference (M:LSNGP; MCX:LSNGP; MM:LSNGP; RM:LSNGP)

ISIN: RU0009092134

Source: www.BuySellSignals.com