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RBC, 29 Oct 1999, Moscow 14:45:16

Gazprom Surges 1.5% At MSE


Gazprom stocks rose 1.5% amid low trading volumes at the Moscow Stock Exchange today. Stabilization of the ruble against the US dollar along with growing world stock markets gave rise to speculative demand on Gazprom, whose shares were up at 4 rubles, pretty close to the resistance level. The trading volume amounted to 20.153 million rubles (about $775,115).