BUSINESS
01/31/2009 05:12 am ET | Updated May 25, 2011

Russian Index Dropped 72.4 Percent In 2008

Russia's benchmark RTS share index lost 72.4 percent in 2008, ranking it among the world's worst performing markets in one of the worst years ever for global stock markets.

It underperformed the MSCI Emerging Markets index by nearly 40 percent, according to Reuters data. The index underperformed its peers in the Brazil-Russia-India-China (BRIC) quartet of major emerging markets by 26-30 percent.

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