Russia Stocks Drop as Putin Critic Gets Five Years - Bloomberg

Russia Stocks Drop as Putin Critic Gets Five Years - Bloomberg:

"Russian shares sank the most in a month after a court sentenced Alexey Navalny, an opposition leader who spearheaded the biggest protests against President Vladimir Putin’s 13-year-rule, to prison.
The benchmark Micex Index (INDEXCF) declined as much as 2.1 percent from its intraday peak today, reversing gains after the decision. The gauge slid 1.1 percent to 1,416.63 by the close in Moscow, the most since June 20. The volume of shares traded was 52 percent above the 30-day average, data compiled by Bloomberg show, while 10-day price swings rose to 20.501, the most since June 27."

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