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Russian equities rallied on Thursday after the Kremlin said it was preparing for a possible summit between U.S. President Donald Trump and Russian President Vladimir Putin. The benchmark MOEX Index climbed past 2,900 points for the first time in more than a month, while the dollar-denominated RTS Index advanced about 4.6%. Overall, Russian stocks were up roughly 4.5% in midday trading.
#Moscow's #MOEX Index amid news of the upcoming meeting between Putin and Trump rose above 2900 points - for the first time in more than a month
RUSSIA RTS INDEX +4.61% https://t.co/RPGxhwxpKp
#Russian stock market index increased by 4.5% following the Kremlin's statement about a possible upcoming summit between President Trump and President Putin.