Russian Movers: Gazprom Neft, Bank Vozrozhdenie, Norilsk Nickel

Bloomberg reports the Micex Index (INDEXCF) slid 1.6 percent to 1,484.44 in Moscow, paring an earlier loss of as much as 2.1 percent.

The market news is quoted as saying,

OAO GMK Norilsk Nickel (GMKN RX), Russia’s largest mining company, headed for its lowest close in a week, losing 1.8 percent to 6,587 rubles. Copper dropped as estimates showed inventories of the metal in China may have rebounded.

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