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Gazprom stock rallying boosts Russian blue chips

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MOSCOW, November 28 (RIA Novosti) - Strong demand for shares in Russian energy giant Gazprom pushed up Russian blue chips during Monday's trade on the RTS stock exchange, but the market did not hit a record high.

Traders said the session started with considerable rallying among blue chips led by Gazprom stock.

By the close, the company's share price stood at 168.4 rubles ($5.83) against Friday's 161.84 rubles ($5.61).

"Such crazy dynamics certainly affected the whole market," an analyst said.

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