25 Sep 2012 10:19

Russian shares gain on news of expanded QE3

MOSCOW. Sept 25 (Interfax) - Russian share prices, buoyed by news that the Federal Reserve may expand the third round of quantitative easing, are starting to rise following a protracted decline.

The MICEX stock index was up 0.3% to 1494.41 and the RTS was up 0.3% also to 1513.36 in the first minute of trading. Benchmark stock rose up to 1%.