Norilsk Gains as Citigroup Says Share Drop Is Overdone

Bloomberg reports OAO GMK Norilsk Nickel (LON:MNOD,PINK:NILSY) gained for the second day this week.

The market news is quoted as saying,

The shares climbed 4 percent to 6,737 rubles by the 6:45 p.m. close in Moscow, paring their weekly loss to 4.5 percent.

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