Wednesday, May 23, 2007

Russian Indexes Decline Amid IPOs, Political Concerns; Gazprom Retreats

(Bloomberg) -- Russian stocks fell, led by OAO
Gazprom and OAO Unified Energy System, following a series of new
share sales and on political concerns after Russia said it
wouldn't extradite a murder suspect to Britain.

The ruble-denominated Micex Index dropped 1.9 percent to
1614.83 at 2:15 p.m. in Moscow as 29 of the index's 30 stocks
fell. The dollar-based RTS Index sank 1.4 percent to 1834.36.


Read more at Bloomberg Stocks News

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