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. Last Updated: 07/27/2016

Early Share Gains Lost




MOSCOW -- Shares ended off Thursday, although volume improved, as a wave of profit-taking by Western investors wiped out gains posted earlier in the day, traders said.


By the end of the day the benchmark RTS1-Interfax index of the main over-the-counter market was down 1.31 percent at 101.60 on volume of $9.5 million.


The dollar-denominated Moscow Times Index of 50 leading shares fell 1.21 percent to 78.30 on turnover of $10.72 million, while the ruble-denominated version rose 0.43 percent to 892.53. The differing directions in the ruble and dollar versions is because of abrupt exchange-rate changes during the day.