Russia’s Micex Index Climbs as Rebounding Crude Oil Lifts Market
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Russian equities rebounded as rising crude oil prices boosted the outlook for the world’s largest energy exporter.
The Micex Index increased 0.3 percent to 1,540.36 by the close in Moscow after dropping as much as 0.4 percent. Of the 50 stocks in the gauge, 20 fell and 30 rallied. The dollar-denominated RTS Index added 0.1 percent to 1,614.09.