Markets Tumble on War Fears
08 August 2008By Tai Adelaja / The Moscow TimesWorries over Russia's involvement in the escalating conflict in South Ossetia sent Moscow stock markets tumbling Friday.
The benchmark RTS Index dropped 6.5 percent to 1723.32 points, while the ruble-denominated MICEX fell 4.9 percent to 1,365.26 points, as of 5:20 p.m.
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