Russia’s Stock Market Rises After Being Closed for a Month

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The Russian stock market, which has been closed since the end of February following the invasion of Ukraine, partially reopened on Thursday and rose as much as 12% before paring gains.

The MOEX Russia Index began trading 33 stocks out of the index’s normal 50. Trading only will be opened for four hours. At last check, the index was rising nearly 8%. Stocks such as energy giant Lukoil and Gazprom rose.