Russian stock alert

RUSS

CLOSING UPDATE: Avangard Bank tumbles gains by 8.8% 18 October 2017 19:44 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).

Avangard Bank, Russia's 5th largest bank by market capitalisation, traded on volume of 0.8 times average today while the price jumped RUB29.0 (or 6.2%) to trade at RUB499.0. Compared with the MICEX Index which rose 0.1 points (or 0.01%) in the day, this represented a relative price increase of 6.2%.

Note

Avangard Bank today is at a discount of 19.3% to the 12-month high of RUB618.0 on 09 Dec, 2016. It is at a premium of 80.1% to the 12-month low of RUB277.0 on 12 May, 2017.

The stock has outperformed 74% of the Russian market over the past 6 months.

TODAY'S ALERT

Afternoon Alert: Avangard Bank soars 16.4%

18 October 2017 14:08 SAMT

Avangard Bank (MICEX:AVAN) traded on volume of 0.1 times average so far today while the price soared RUB77.0 (or 16.4%) to trade at RUB547.0.

Avangard Bank (M:AVAN; MCX:AVAN; MM:AVAN; RM:AVAN)

ISIN: RU000A0DM7B3

PermID: 4296190090

Source: www.BuySellSignals.com