13 Dec 2011 10:17

Russian shares fall as markets worsen

MOSCOW. Dec 13 (Interfax) - The Russian stock market fell on opening on the back of deterioration in the international markets caused by news from Moody's and Fitch.

The MICEX stock index was down 0.3% to 1345.58 and the RTS was off 0.4% to 1358.49 in the first minute of trading. Benchmark stocks fell by up to 1% on average, although there were gains for Sberbank (0.4%) and MMC Norilsk Nickel (0.8%).