Russian equities decrease amid drop in utilities

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
Russian shares gained value for the last nine days, as oil prices stayed flat during that period and the country declined any military action in Syria. Today, the first time in nine days, the benchmark Micex Index slumped this morning 0.2% to 1452 points at 8:00 GMT, while the utility companies lost the most in value. Recently the government announced a possible utilities' prices freeze to slower inflation pace.
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