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Today is July 20, 2008 05:40 AM (GMT +0400) Moscow
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Traders work on the floor of MICEX.
Photo: Yury Martyanov
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Apr. 09, 2008
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Indices Dn Worldwide
Although not particularly hefty, the losses hit stock exchanges in Europe, the United States and Russia Tuesday.
Russia’s indices failed to maintain the three-month record attained on Monday. RTS shed 0.67 percent to 2,089.77, while the MICEX benchmark fell 1.09 percent to 1,655.59. Of all blue chips, the stocks of Norilsk Nickel are worth mentioning. They managed to gain nearly 1.5 percent on MICEX despite the general decline. Of seven branch indices of RTS, three (Oil & Gas, Consumer Product and Bank & Finance) closed down yesterday.

The decline didn’t spare the U.S. markets. Dow Jones industrial average was down 0.29 percent to 12,576.44, the Nasdaq composite fell 0.68 percent to 2,348.76 and S&P 500 lost 0.51 percent to 1,365.54. Washington Mutual that led in growth a day before shed 10 percent Tuesday.

None of 12 leading Europe’s indices closed up yesterday. Britain’s FTSE-1000 fell 0.41 percent to 5,990.2, French CAC 40 lost 0.65 percent to 4,912.69, German DAX shed 0.72 percent to 6,771.98.

The April 9 exchange rate of the Central Bank of Russia is 23.5330 rubles per a U.S. dollar, which is 7 kopecks less than on Tuesday. To the contrary, euro appreciated 7.19 kopecks to 37.0433 rubles.
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