Russian stocks erased losses and traded little changed at 1,552.32 as of 12:32 p.m. in Moscow.
OAO Polyus Gold, Russia’s biggest gold producer, and OAO Aeroflot, the country’s biggest airline, both gained at least 1 percent. OAO Lukoil, the nation’s biggest oil producer, rose 0.8 percent. The 30-stock gauge erased an earlier loss of as much as 0.7 percent.
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