1 Dec 2009 10:44

Russian share prices up as Dubai panic subsides

MOSCOW. Dec 1 (Interfax) - The Russian stock market is posting early gains as the mood in the global markets improves now that the panic over the Dubai World debt situation is subsiding.

The MICEX stock index grew 0.69% to 1293.88 and the RTS was up 0.73% to 1384.94 in the first minute of trading. Benchmark stocks rose 09.2%-1.8%. All stocks except Polyus Gold posted gains: the No. 1 Russian gold producer fell 0.3%.