RTS-Index Futures Decline as Europe Debt Crisis Reduces Demand
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Russia’s RTS stock-index futures fell, signaling stocks may retreat in Moscow, amid concerns Europe’s sovereign debt crisis may reduce demand for Russia’s key exports, including oil and metals.
Futures on the dollar-denominated index expiring in June fell 0.3 percent. Contracts on OAO Rosneft, the country’s biggest oil producer, and OAO Lukoil, the second-largest, each fell 0.3 percent. Futures on OAO Gazprom, the world’s top gas producer, also declined 0.3 percent.