Monday 26 August 2013

Russian stock market falls amid bad news from Uralkali | Russia Beyond The Headlines

Russian stock market falls amid bad news from Uralkali | Russia Beyond The Headlines:

"The Russian stock market kicked off the week on a decline, led by Uralkali (RTS: URKA) shares, which nosedived on the news that the company's CEO had been arrested.
By Monday evening, the MICEX stock index had fallen 0.4 percent to 1387.06 points, and the RTS index had decreased 0.5 percent to 1324.48 points.
The majority of benchmark stocks on the Moscow Exchange (RTS: MOEX) fell by up to 1.6 percent, led by Uralkali (-3.4 percent) and followed by Gazprom Neft (RTS: SIBN) (-2 percent).
Monday's winners were VTB (RTS: VTBR) (+0.2 percent), Novatek (RTS: NVTK) (+0.4 percent), and Rosneft (RTS: ROSN) (+0.1 percent)."

'via Blog this'

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