STOCKS NEWS EMERGING EUROPE-Micex up 4 pct as oil price rises - News

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STOCKS NEWS EMERGING EUROPE-Micex up 4 pct as oil price rises

By: AFX | 16 Nov 2009 | 10:44 AM ET

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STOCKS NEWS Reuters Regional Stocks Stocks on the move Real-time Equity News REGIONAL INDICES Warsaw WIG20 Bucharest Beti Budapest SE Index Prague PX Zagreb Crobex Sofia Sofix Ljubljana SBI20 Istanbul ISE National 100 Moscow RTS 1522 GMT 16Nov2009 - Micex up 4 percent as oil price rises -------------------------------------------------------------- Shares in Russia's main stock-market Micex are up 4 percent, more than cancelling out three straight days of losses, as the rising oil price and weaker dollar bring confidence to the market. "The Russian market ignored the fall of oil prices last week, that means it (the market) remains strong ... despite some periods of decline," - Artem Gubanov at stockbrokers BCS. rm://john.bowker.reuters.com@reuters.net 0810 GMT 16Nov2009 - Asseco Poland rises 4 pct after Q3 results -------------------------------------------------------------- Shares in Eastern Europe's top software group Asseco Poland rise 4 percent after the group reported a better than expected third-quarter net profit after the Friday session. rm://chris.borowski.reuters.com@reuters.net COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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