BUZZ-HK stock of Russia's Rusal set to drop most in 11 months on FY loss
Reuters03-18
BUZZ-HK stock of Russia's Rusal set to drop most in 11 months on FY loss
** HK shares of Russian aluminium giant Rusal 0486.HK slips 12.2% to HK$4.73
** Shares on course for biggest one-day pct decline since April 7, 2025; top pct loser on Hang Seng Composite Index on materials stocks .HSCIM, which is down 1%
** Stock hits lowest since December 31; set for fourth straight session of decline
** Rusal RUAL.MM, world's largest aluminium maker outside China, reports net loss of $455 million for 2025 vs year-ago net profit of $803 million
** Says citing higher sales costs, decline in primary aluminium production weighed
** YTD, HK stock down 2.7% vs Hang Seng Index's .HSI 0.7% rise
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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