### Russian Stock Market Continues Its Selling Spree
The sell-off in the Russian stock market continues, with the Moscow Exchange Index falling below the 2010-point mark again on July 17, losing 0.65%. The RTS Index (an index denominated in U.S. dollars) also shows a similar decline.
The transportation sector led the fall among industry indices, dropping nearly 4%. Stocks of companies in the IT, real estate, metallurgy, and consumer sectors also fell by more than 1%.
Only a few segments of the market are showing growth—chemical industry and financial companies. However, their performance is not enough to offset the massive sell-off. Since the beginning of the month, the Moscow Exchange Index has dropped by more than 14%, and since the start of the year, it has fallen by more than 27%.