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Russia's RTS stock exchange closes up almost 12%

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RTS, a leading Russian stock exchange, showed robust growth in Wednesday trading, with its index climbing almost 12%.
MOSCOW, October 29 (RIA Novosti) - RTS, a leading Russian stock exchange, showed robust growth in Wednesday trading, with its index climbing almost 12%.

At its 6:00 p.m. Moscow time (15:00 GMT) close, the benchmark RTS index had risen 11.88% from Tuesday's close to 644.00 points.

Share price gains were led by growth in the stocks of energy giant Gazprom (up 16.42%), independent crude producer LUKoil (11.72%) and state-controlled oil firm Rosneft (20%), as well as state-run bank VTB (9.09%) and metals giant Norilsk Nickel (20.17%).

Trading in the shares of state-run retail savings bank Sberbank was suspended until Friday or instructions from the federal regulator after its stock appreciated more than 25%.

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