12 May 2012 10:22

Russian stock market edges down

MOSCOW. May 12. (Interfax) - The Russian stock market on Saturday morning followed U.S. stock indexes down, which rolled back after Russia's trade ended yesterday.

By 10:01 a.m. Moscow time, the MICEX index had fallen 1% to 1377.53 points, and the RTS index had also edged down 1%, to 1450.77 points.

The majority of benchmark stocks on the MICEX-RTS stock exchange decreased by up to 1%.

Lukoil saw the greatest drop - at 3.8%, to 1,668.9 rubles per share.