London High Court to hear Russia’s lawsuit on Ukraine’s $3bln debt in expedited procedureBusiness & Economy March 29, 12:31
Russian Armed Forces personnel strength to exceed 1.9 mln from July 1Military & Defense March 29, 12:12
China ready to play major role in developing Arctic — vice PMBusiness & Economy March 29, 12:09
Russian deputy PM says Arctic should become eco-friendly regionBusiness & Economy March 29, 11:59
More than 500 militants in Syria’s Homs return to civilian lifeWorld March 29, 11:49
Arctic is looking forward to high oil prices, technology development — expertBusiness & Economy March 29, 10:28
Cockpit of Russia’s new spacecraft to have three touch screensScience & Space March 29, 8:36
Konchalovsky's 'Paradise' gets Best Film, Best Director at Russia's Nika movie awardSociety & Culture March 29, 7:29
US Senate votes overwhelmingly in favor of Montenegro’s accession to NATOWorld March 29, 5:24
The MICEX rose 0.56% to 1,457.34 and RTS increased 0.18% to 1,214.51.
“Russian stocks have climbed in the green zone by the end of the trading session. Poroshenko’s ceasefire promise in Ukraine’s south-east helped it a lot. The rebels agreed with the ceasefire, and the market players took it as one more step towards peace in Ukraine,” Ivan Kivin, analyst at TenkoFX, said.
Poroshenko said the Ukrainian troops will be ordered to cease fire on Friday at 15.00 Moscow time, if a contact group reaches a deal in Minsk. Leaders of the self-proclaimed Donetsk and Luhansk republics Alexander Zakharchenko and Igor Plotnitsky said they are ready to issue ceasefire orders if the Ukraine representatives sign a plan on political settlement of the conflict.
“Our markets were also supported by the European Central Bank’s (ECB) decision to stimulate economic growth. Such an unexpected outcome increased investor appetite to risk and brought risky players back to emerging markets,” Sofya Kirsanova, analyst at Raiffeisen Capital, said.
Pharmacy Chain 36.6 soared 8.96% to 14.10 rubles after the company’s board of directors recommended the shareholders approve Palesora Limited’s mandatory offer of 14.5 rubles per share under the chain’s merger with A.V.E. Group.
Bank Saint Petersburg grew 1.18% to 34.40 rubles a report of a January-June net profit soaring 45.7% on the year to 2.919 billion rubles.