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Russian shares growing amid Putin's statement on Khodorkovsky's pardoning

The MICEX index jumped from 1,497.8 to 1,507.7

© EPA/MAXIM SHIPENKOV

MOSCOW, December 19. /ITAR-TASS/. Russia’s stock market has reacted by a growth to the decision of Russia’s President Vladimir Putin to pardon Mikhail Khodorkovsky.

The MICEX index jumped from 1,497.8 to 1,507.7.

Earlier it was reported that Russia’s President Vladimir Putin announced his intention to sign a petition to pardon former head of Yukos Mikhail Khodorkovskiy.

After his ‘grand’ press conference, Putin said: “he spent over 10 years behind bars, I believe that a decision has to be made (to pardon him).”

“This petition will soon be granted,” he promised.

Putin reminded that convicted have a legal right to submit a petition for a pardon. “He (Khodorkovskiy) has not done it, but very recently a pardon request has been made (on his behalf),” the president said.

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