Russian Stocks Gain With Asian Shares on Ukraine Accord
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Russian shares climbed the most in more than three weeks and Asian stocks advanced after talks in Geneva produced an accord aimed at easing the conflict in Ukraine. Rubber slid to the lowest since 2009.
The Micex Index increased 2 percent to a one-week high of 1,356.54 in Moscow. The Ukrainian Equities Index rose 1.1 percent. The MSCI Asia Pacific Index added 0.3 percent. Russia’s February 2027 bond yield slid 17 basis points to 9 percent, while the ruble weakened after its biggest gain this month yesterday. Rubber futures lost 4 percent. Financial markets in the U.S., U.K., Germany and Hong Kong were among those closed for a holiday.