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Inter RAO surged more than 20 percent in its first day of trading on the MICEX Stock Exchange after MSCI Inc. added the stock to its index.
The shares jumped as much as 22 percent, the biggest intraday gain since Oct. 16, and closed up 18 percent at 3.53 kopeks Tuesday. The stock has surged more than fivefold this year, compared with a doubling for the benchmark MICEX Index.
(Bloomberg)
