Moscow Stocks Slide as Mining, Oil & Gas and Power Weigh; MOEX Hits Three-Year Low
Russian equities closed lower on Friday as weakness in the Mining, Oil & Gas and Power sectors pressured the market. The MOEX Russia Index dropped 2.13% to a fresh three-year low, while major miners and energy producers recorded some of the day's steepest losses. Market breadth was negative, the Russian volatility gauge climbed to a six-month high,…