Thu, 08 May 2014 09:10:02 GMT
Russian shares gain as Putin may delay referendum in Ukraine
Russia equities advanced on Thursday adding to gains recorded in the previous session as traders remain positive that the geopolitical tension between the Russian Federation and Ukraine may ease as Vladimir Putin tries to delay planned referendum in eastern Ukraine. The U.S. Dollar-denominated RTS index rose 1% to 1,239 points, while the MICEX gauge jumped 1.1% to 1,378.