Ukrainian Stocks Stage Ridiculously Huge Rally
Feb 24, 2014, 15:13 IST
Traders seem to like the events of the past few days in Ukraine.
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Yanukovych's fall from power - and his escape from Kiev - coupled with the likely ascent of a pro-EU government is causing a massive, 9% rally.
Here's the intraday chart from Bloomberg:
Ukraine has all kinds of economic and budgetary issues, but for the moment, the turn of events is being welcomed.
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