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Wednesday, September 20, 2006 3:28:19 PM
http://seekingalpha.com/article/16185
Russian stocks are approaching $1 trillion in value, an emerging-market record, mostly because of the country's oil and gas industry. The Russian Trading System Index [RTSI] has surged 88 percent over the past 12 months. Russia's market capitalization on Aug. 16 reached a record $946.2 billion, 15 percent larger than South Korea, the next biggest emerging market, at its peak in May, according to data compiled by Bloomberg.
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