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Russian stocks bounce after Ukraine deal MOSCOW: Russian shares surged on Friday after a deal struck by Russia, Ukraine, the United States and the European Union boosted hopes of a peaceful resolution to the crisis in Ukraine. At 0700 GMT the dollar-denominated RTS index was up 2.8 percent at 1,206 points while the rouble-denominated MICEX rose 2.3 percent to 1,360 points. The gains were broad-based, with gas giant Gazprom up 2.9 percent, Sberbank 2 percent, oil major Lukoil 1.9 percent, and telco MTS 3.2 percent. Russian stocks slid at the beginning of the week after an armed uprising by pro-Russian rebels in eastern Ukraine and the start of a military crackdown by Kiev. However, Thursday's deal in Geneva outlines steps that are designed to reduce tensions, including disarmament of illegal groups and a national dialogue on constitutional reforms. The agreement, which came after Thursday's market close, means that the West is likely to hold off for ...

Turkish assets mixed, stocks up on Ukraine optimism ISTANBUL: The Turkish lira eased on Friday in low volumes as the Easter holiday got under way in much of Europe, while stocks were boosted by major powers moving to end tensions in Ukraine. The lira firmed on Thursday after the Turkish central bank dismissed speculation that two senior policymakers would resign. By 0657 GMT, the lira had eased to 2.1304 against the dollar from 2.1229 late on Thursday. The 10-year benchmark bond yield rose ...
Financial markets are closed for long Easter weekend PARIS: Leading financial markets around the world were closed on Friday for the long Easter weekend holiday, except the Tokyo and Shanghai stock markets.The holiday period extends into Monday on most markets.Copyright AFP (Agence France-Presse), 2014 ...
Russia's RTS stock index up 2.9pc on opening after Ukraine deal MOSCOW: Russia's RTS stock index rose 2.9 pct on opening following yesterday's deal in Geneva between Russia, Ukraine, the United States and the European Union, which lays out measures to de-escalate tensions in Ukraine. At 0605 GMT the dollar-denominated RTS was up 2.9 percent at 1,207 points while the rouble-denominated MICEX was up 2.4 percent at 1,361 points.Copyright Reuters, 2014 ...
Google, IBM cast shadow LONDON: European stocks dipped on Thursday as disappointing earnings from US tech heavyweights Google and IBM dampened the previous session's upbeat tone on Wall Street, and the dollar weakened on dovish remarks from the Federal Reserve. Google Inc fell as much as 6 percent after first-quarter revenue fell short of Wall Street targets and margins narrowed as its ads prices decline persisted. Shares in IBM Corp fell as much as 4 percent after the world's ...
Drop in Diageo takes the fizz out of Britain's FTSE LONDON: Britain's benchmark equity index edged lower on Thursday, reversing the previous session's advance, led by a drop in drinks group Diageo's shares. The blue-chip FTSE 100 index, which rose 0.7 percent on Wednesday, slipped 0.05 percent, or 3.37 points, to 6,568.87 points by 0748 GMT. A 4.5 percent fall for Diageo, after weakness in its Chinese market led to lower third quarter sales, took the most points off the index."The slowdown in Asia and ...
European stocks steady at open LONDON: Europe's main stock markets were steady at the open on Thursday following the previous day's strong gains.London's benchmark FTSE 100 index dipped 0.06 percent to stand at 6,580.54 points compared with Wednesday's close.Frankfurt's DAX 30 nudged down 0.07 percent to 9,311.03 points and in Paris the CAC 40 gained 0.17 percent to 4,413.36.European stock markets had rallied on Wednesday as strong company earnings, well-received Chinese growth data and a positive start on Wall Street ...


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