(Bloomberg) -- Russian stocks dropped for a fourth day after Goldman, Sachs & Co. cut its recommendation on the country's oil companies. OAO Rosneft and OAO Surgutneftegaz led the decline.
The ruble-based Micex Index sank 2.4 percent to 1625.69 today, with only four out of its 30 stocks rising. The measure lost 4.3 percent this week, its worst performance since a plunge in Chinese stocks triggered a global emerging-market slump during the first week of March.
Read more at Bloomberg Stocks News
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