20:48 GMT +317 October 2018
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    Russian stock market briefly sags on Moscow blast news, recovers quickly

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    Russia's leading stock exchanges, MICEX and the RTS, opened on Monday with their key indexes going down on news of terrorist attacks in the Russian capital, but recovered soon afterwards.

    Russia's leading stock exchanges, MICEX and the RTS, opened on Monday with their key indexes going down on news of terrorist attacks in the Russian capital, but recovered soon afterwards.

    The first attack took place at 7:52 a.m. (04:52 GMT) at the Lubyanka metro station, located a short distance from the headquarters of the Federal Security Service (FSB), and killed at least 23 people, with another 18 injured.

    The second blast detonated some 40 minutes later at the nearby Park Kultury metro station, within walking distance of the Kremlin. At least 12 people lost their lives and 15 were injured.

    The index of the ruble-denominated MICEX opened down 0.2% while the dollar-denominated RTS declined 0.3% in the first minute of trading on Monday despite a favorable situation on global trading floors.

    However, 15 minutes later, both indexes rebounded, with the MICEX gaining 0.02% to 1,416.04 points and the RTS rising 0.01% to 1,519.98 points as of 10:51 a.m. Moscow time (06:51 GMT).

    MOSCOW, March 29 (RIA Novosti)

     

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