Russian markets -- Factors to Watch on May 12

MOSCOW, May 12 (Reuters) - Here are events and news stories
that could move Russian markets today.

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STOCKS CALL (Contributions to moscow.newsroom@reuters.com):

Deutsche Bank: The upward momentum could be fuelled further
by Russia's new Prime Minister this week as we expect him to
announce the composition of his Cabinet. Any steps towards
securing a greater role for the liberals in Putin's government
are likely to be taken positively by the markets.

Aton: Markets will closely watch the government
appointments.

EVENTS [RU-DIA] (All times GMT):

MOSCOW- Russia's Prime Minister Vladimir Putin is expected to
meet top cabinet ministers.

IN THE PAPERS [PRESS/RU]:

Russian billionaire Alisher Usmanov has bought control over
39.3 percent of shares in Megafon, the country's third largest
mobile phone operator, the Vedomosti business daily reported on
Monday.

The daily quoted an unidentified source as saying that
Usmanov had bought 8 percent of Megafon from Bermuda-registered
fund IPOC and 58.9 percent of holding company Telekominvest,
which owned 31.3 percent of Megafon, from Luxembourg-registered
First National Holding (FNH).

TOP STORIES IN RUSSIA AND THE CIS [RU-NEWS]:
TOP NEWS:
* New PM Putin vows to curb inflation, cut taxes [ID:nL08888839]

COMPANIES/MARKETS:
* Deripaska's firm considers copper field bid [ID:nL08752703]
* Transneft to raises dividend on prefs 15 pct [ID:nL08582661]
* Acron secures $566 mln loan [ID:nL08936041]

ECONOMY/POLITICS:
* PM Putin gives no hint of rouble revaluation [ID:nL08600788]
* Russia may invest reserves in corporate bonds [ID:nL08597139]
* Putin slams West limits on Russian investments [ID:nL08894048]
* Sibir Energy puts off London re-listing [ID:nL08908579]
* Russia March trade surplus up to $16.27 bln [ID:nMOS005269]

MARKETS CLOSE/LATEST:

RTS .IRTS 2,284.0 +3.8 pct

MSCI Russia .MIRU00000PUS 1,515.3 -0.2 pct

MSCI Emerging Markets .MSCIEF 1,118.2 -0.03 pct

Russia 30-year Eurobond<RU011428878=> yield: 5.266/5.218 pct

EMBI+ Russia 11EMJ 156 basis points over

Rouble/dollar <RUBUTSTN=MCX> 23.8833

Rouble/euro <EURRUBTN=MCX> 36.6700

NYMEX crude CLc1 $125.53 -$0.43

ICE Brent crude LCOc1 $124.75 -$0.65

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