Rusal Climbs to Highest Since Debut

Market News

Bloomberg.com reports that Rusal, driven by higher aluminum prices, shot up to record highs in Hong Kong.

Bloomberg.com reports that Rusal, driven by higher aluminum prices, shot up to record highs in Hong Kong.

The story is quoted as saying:

Rusal gained by as much as 8.1 percent to HK$11, the highest since its Jan. 27 debut, and traded at HK$10.98 as of 11:16 a.m. local time. Aluminum prices in London have gained 26 percent since the end of 2008, touching a six-month high of $2,459 a ton on Oct. 14.

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