Deals
Norilsk Biggest Micex Gainer on Abramovich Deal: Moscow Mover
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OAO GMK Norilsk Nickel was the biggest gainer on the Micex Index after Russian billionaire Roman Abramovich agreed to buy a 7.3 percent stake in the miner as its two biggest owners seek an end to a four-year feud over control of the company.
Norilsk gained as much as 1.6 percent and closed up 1.4 percent at 4,876 rubles in Moscow. The amount of shares traded was 490,056, equivalent to 1.6 times the three-month average. The Micex snapped three days of gains, falling 0.7 percent.