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. Last Updated: 07/27/2016

Share Trading Sluggish




MOSCOW -- Key Russian share indices ended softer Monday after a day of sluggish trade, and analysts cautioned that a series of lackluster appointments to the government could continue to push the market down this week.


Analysts and traders said they expected little action from the government other than what was necessary to unlock funding from the International Monetary Fund and that investors were unlikely to greet the appointments with optimism.


The dollar-denominated Moscow Times Index of 50 leading shares ended down 1.46 percent to 75.55. The RTS index slid 1.46 percent to 97.65.