|14:10 EDT||LUKOY, QIWI, OGZPY, YNDX, MBT||Russian companies advance after Ukraine deal unveiled|
The shares of a number of companies that are based in Russia are rising after diplomats reached a deal meant to reduce tensions in Ukraine. WHAT'S NEW: Earlier this afternoon, diplomats unveiled an agreement meant to reduce tensions in Ukraine, The Washington Post and other news services reported. Under the deal, all parties are supposed to refrain from violence and intimidation, while all illegal armed groups are required to be disarmed. The agreement also called for a "constitutional process" and "a broad national dialogue" in Ukraine. PRICE ACTION: In mid-afternoon trading, Russian search engine owner Yandex (YNDX) climbed 5% to $29.56, payment services provider QIWI (QIWI) rose over 2% to $32.53, and Mobile TeleSystems (MBT) added nearly 7% to $16.83. Russian energy company Gazprom (OGZPY) gained nearly 5% to $7.58, while energy peer Lukoil (LUKOY) added 3% to $53.74.