Russia’s stock exchange indexes growing amid news on use of Russian Air Force in Syria

The Kremlin earlier Russia would use its Air Force in Syria against the Islamic State on Syrian President Bashar Assad’s request.

Russia’s stock exchange indexes continued to grow amid news on possible use of Russian Armed Forces in Syria.

As of 11:15 am MSK MICEX grew by 0.84% to 1644.22 points, RTS was up 0.61% to 788.74 points.

At the opening session on the Moscow Exchange on Wednesday, MICEX grew by 0.4% to 1636.88 points, RTS rose by 0.3% to 786.14 points.

On Wednesday, the Federation Council upper house of Russia’s parliament granted permission to the Russian president to use the Russian Armed Forces ain Syria, presidential administration chief Sergei Ivanov told reporters.

"The Federation Council unanimously supported the president’s request - 162 votes in favor [of granting permission]," Ivanov said. The armed forces will be used exclusively in Syria, he added.

According to him, Syrian President Bashar Assad requested military assistance from Russian leadership to fight the Islamic State militants.

First published by TASS.

All rights reserved by Rossiyskaya Gazeta.

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