Russian Stock Indices MICEX, RTS Decline by 1%

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Russian stock market continues downward trend at the start of main trading session on Moscow Exchange

At the start of the main trading session on the Moscow Exchange, the Russian stock market continued its downward trend from the previous day, according to trading data.

In the first minute of trading, the MICEX Index (Moscow Exchange Index) fell by 1% to 2261.45 points, while the RTS Index (Russian Trading System Index) also dropped by 1% to 846.36 points.

Most "blue chips" (highly capitalized stocks) on the Moscow Exchange saw their prices decline within the range of 0.2-2%.