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President Vladimir Putin's pledge not to expand beyond the Crimea peninsula in Ukraine is driving short sellers out of the Russian stock market.As short sellers retreat, the market is rebounding, with the Bloomberg Index of Russia's most-traded stocks in New York posting the longest stretch of weekly gains since October.Putin told lawmakers in Moscow on March 18 that Russia isn't about to occupy Eastern Ukraine.A record $574 million was deposited in March in the Market Vectors fund, the largest U.S.-based ETF investing in Russian shares, according to Bloomberg data.The average volume in 334 shares and one depositary receipt listed on OAO Moscow Exchange jumped to 64.9 billion rubles ($1.8 billion) in March from 34 billion rubles in February.OAO Rostelecom advanced 11 percent to $15, the biggest gainer on the Bloomberg Russia Index.
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