Russian Stocks Post Best Quarter in Three Years on Oil, Ukraine
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Russian equities are on the rebound three months after they plunged in the worst sell-off among the world’s biggest equity markets.
A Bloomberg gauge of U.S.-traded Russian stocks advanced 17 percent in the first quarter, the most since the three months ended in March 2012, following the biggest drop in six years. Government bonds also rebounded and the ruble rallied the most among 31 major global currencies.