Friday, 11 May 2007

Russia's Micex Slumps for Fourth Day; Rosneft Falls on Industry Downgrade

(Bloomberg) -- Russian stocks dropped for a fourth day after Goldman, Sachs & Co. cut its recommendation on the country's oil companies.

OAO Rosneft and OAO Lukoil, Russia's largest oil producers, led the decline.


Read more at Bloomberg Stocks News

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