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Russia Stocks Drop Fifth Day as Gazprom Falls to Three-Year Low

Russian equities had the longest streak of declines since October as OAO Gazprom, the country’s biggest company, slid to a three-year low.

The Micex Index dropped 0.3 percent to 1,512.03 by the close in Moscow, the fifth day of declines. Of 50 stocks, 32 declined, 16 rose and 2 were unchanged. The dollar-denominated RTS Index added less than 0.1 percent to 1,582.35. Ten-day price swings slid to 5.911, the lowest since September 2005.