The Russian stock market recovered soon after going down on news of terrorist attacks on the subway system in Moscow, according to Reuters.
"It is a psychological moment.
The sentiment is very bad, a lot of uncertainty.
The market was overshort (in foreign currencies) so the reaction is explainable," said a dealer at a major Russian bank in Moscow.
The two explosions, with the first striking the Lubyanka Station and the other hitting the Cultural Park Subway Station, killed at least 37 people, Russian news agencies reported.