Russian stock exchanges resume trading
Tue, 2008-10-28 08:10 - Topics:
Russia's battered stock exchanges resumed trading Tuesday after a one-day suspension, following assurances that a wide range of companies would benefit from a government rescue package.
The RTS index was up 1.7 percent one hour after the opening while the MICEX gained 0.9 percent. Blue chips at the MICEX were mixed. Gas giant Gazprom was 2.6 percent up, Russia's largest oil firm Rosneft was 2.4 percent lower and the country's largest private oil company, Lukoil, moved 2.2 percent higher.
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