8 Oct 2009 10:53

Russian stock market hits new 2009 high as int'l markets rebound

MOSCOW. Oct 8 (Interfax) - Russian share prices rose in early trading after the international markets picked up following a good earnings report by Alcoa.

The RTS stock index was up 1.25% to 1303.41 and the MICEX index had added 2.1% to 1251.94 by 10:41 a.m., in both cases their highest levels so far this year.

Benchmark stocks rose 2%-3.4%, led by Gazprom Neft and VTB .