Russian stock market turns lower in early trade

Russian stock market turns lower in early trade The yuan was down 6.2 kopecks from the previous close to stand at 11.4 rublesMOSCOW, July 3. /TASS/. The Russian stock market reversed course to decline at the start of the main trading session, Moscow Exchange data showed. The yuan also edged down. As of 10:00 a.m. Moscow time, the MOEX and RTS indices rose 0.25% at the opening of the main trading session to 2,261.72 and 914.28 points, respectively. The yuan was down 6.2 kopecks from the previous close to stand at 11.4 rubles. By 10:15 a.m. Moscow time, the MOEX index turned lower to 2,252.6 points (-0.15%), while the RTS index stood at 910.59 points (-0.15%). At the same time, the yuan accelerated its decline to 11.38 rubles (-8.2 kopecks). The broader Moscow Exchange index (IMOEX2) shed 0.26% to stand at 2,250.25 points at the opening of the morning trading session, according to data as of 7:00 a.m. Moscow time. 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