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Russia’s Qiwi Gains in Nasdaq Debut After $213 Million Sale

Qiwi Plc, an instant-payment operator, rose in its first day of trading on the Nasdaq Stock Market after raising $213 million in the second initial public offering by a Russian company this year.

The stock rose 0.5 percent to $17.08 in New York, while the Nasdaq Composite Index added 1.1 percent.