MOSCOW, Oct 9: Russia’s leading stock markets closed on Thursday around 10 per cent higher, rebounding from the previous day’s sharp losses amid global financial turmoil.

The headline index on the dollar-denominated RTS finished the day up 10.91 per cent at 844.75 points compared with Wednesday, when it had tumbled 11.25 per cent after a bloodbath on Asian markets.

On the ruble-based MICEX stock exchange, the benchmark index finished 9.80 per cent above the previous close at 700.37 points, regaining most of its value after Wednesday’s 14pc nosedive.

Among the main RTS winners on Thursday was Russian gas giant Gazprom, which surged 14.70 per cent to end at $5.15, and number two oil producer Lukoil, up 27.61 per cent at $45.30.—AFP