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Micex Drops to 3-Month Low Led by Aeroflot on Sanctions Threat

Russian stocks fell to the lowest level in three months as OAO Aeroflot tumbled on a report the government may impose restrictions on European airlines and as Ukraine signaled a new buildup of Russian forces on its border.

The equity gauge dropped 1.5 percent to 1,357.89 by the close in Moscow, the lowest since May 6. Aeroflot slumped 5.9 percent to 46.97 rubles, the weakest since March 17. OAO Gazprom, the biggest natural-gas producer, fell 2.3 percent.