Russian stocks fall on opening after U.S. sanctions

by Reuters
Friday, 21 March 2014 06:11 GMT

MOSCOW, March 21 (Reuters) - Russia's MICEX stock index fell 1.7 percent on opening, a day after U.S. President Barack Obama threatened sanctions against key sectors of the Russian economy in response to its actions in Ukraine.

At 0705 GMT the rouble-denominated MICEX was down 2.7 percent while the dollar-denominated RTS index had fallen 3.5 percent. (Reporting By Jason Bush; Editing by Lidia Kelly)

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