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Riding oil prices which have quietly moved to the highest since the spring, Russian shares (RSX)...
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Thursday, August 9, 2012, 7:54 AM ETRiding oil prices which have quietly moved to the highest since the spring, Russian shares (RSX) gain again, the Micex hitting a 3-month high. The Micex trades like an oil major, boasting a PE ratio of just 5.4X vs. a 10X multiple for the MSCI Emerging Markets Index (EEM).
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