Russian stocks advanced the most in more than two weeks after Deutsche Bank AG said former Yukos Oil Co. billionaire Mikhail Khodorkovsky has a “50-50” chance of winning an early release and after a report showed German business confidence unexpectedly rose.
The Micex Index of 30 shares jumped 1.6 percent to 1,565.12 by the 6:45 p.m. close in Moscow, its strongest gain since March 11. Federal Grid Co., Russia’s power grid operator, surged 4.3 percent. VTB Group, the country’s second-biggest bank, advanced 3.2 percent.