6 Sep 2011 10:23

Russian shares down as eurozone debt, U.S. economic fears persist

MOSCOW. Sept 6 (Interfax) - Russian share prices fell in early trading amid persisting concerns over eurozone debt and a slowdown in U.S. economic recovery.

The RTS stock index fell 0.43% in the first minute of trading to 1609.98 and the MICEX index was off 0.55% to 1484.62.

Benchmark stocks fell up to 1%. The MICEX saw losses for VTB (-0.7%), Gazprom (-0.8%), Gazprom Neft (-0.8%), Lukoil (-0.6%), NOVATEK (-0.3%), MMC Norilsk Nickel (-0.3%), Rosneft (-0.5%), Rostelecom (-0.8%), Sberbank (-0.7%), Surgutneftegas (-1%), Tatneft (-0.7%) and FGC (-1.2%).