Crimea-Induced Trading Surge Stokes Moscow Exchange Rally
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OAO Moscow Exchange is emerging as one of the winners from the rout sparked by Russia’s worst confrontation with the U.S. since the end of the Cold War.
Shares of the bourse have rallied 20 percent since March 13, before voters in Crimea moved to join Russia. The stock is among the best performers on the Micex index, which has risen 6.8 percent in that period, according to data compiled by Bloomberg. Moscow Exchange stock gained 0.8 percent to 58.53 rubles by 1:43 p.m. in the Russian capital, reducing its month-to-date decline to 6.9 percent.