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Friday, August 9, 2013

Epic Research Russia : Market Update

Russia’s market heavyweights have all posted staggering losses. Sberbank, the country’s largest lender, dropped 2.61 points down 2.58 percent, and VTB, the second largest bank, closed with a 2.56 percent loss with shares valued at 4.67 kopeks. 
Gazprom, the state-owned oil giant lost 2.17 percent and closed trading at 129.25 rubles, and Rosneft, the world's largest publicly traded oil company, is down 1.32 percent. 
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