3 Aug 2011 10:25

RTS index dips 1.1% to 1947.19 pts in first trading

MOSCOW. Aug 3 (Interfax) - Share-trading on the Russian Trading System began Wednesday with slipping blue chip share prices amid weakening stock and commodity markets and weak U.S. economic statistics, and the RTS index dropped 1.06% to 1947.19 points in the first minute of trading.

By 10:01 a.m. Moscow time, prices for most benchmark shares had lost up to 1.7%.

Sberbank of Russia was down 1.7% by that time, Gazprom had dropped 1.6%, Norilsk Nickel 1.5%, VTB 1.3%, and Lukoil 1.2%.