EconomyRussian stock market closes lower as major indices drop
The benchmark MOEX Index fell 1.22% to 2,209.84 points, while the dollar-denominated RTS Index declined 1.84% to 871.74 points. The yuan lost 4.5 kopecks to close at 11.75 rubles. Analysts said sellers took control later in the session and investors may lock in profits before the weekend.
Russian stock market closes lower as major indices drop