Russia's Cherkizovo Group is expected to hit its highest close in four months after the company's poultry sales rose 18% to 117,900 metric tons in the first half of 2011.

The company's shares traded 1.5% higher, at 816.3 rubles (US$29.43), as of 11:48 a.m. on August 2 in Moscow. Cherkizovo is currently heading for its highest close since April 7.