date:Apr 29, 2014
n economic growth and a slowdown in the sector means slower growth overall, he said.
SP reduced Russias rating to BBB- from BBB while saying more downgrades are possible if the economy deteriorates and the U.S. and Europe expand sanctions.
X5 Retail Group NV (FIVE), Russias largest supermarket chain after Magnit, fell 2% to $17.15 in London on April 25. The drop trimmed the stocks increase for the year to 2.3%.
Futures on Russias RTS Index declined 1.1% to 106,710 in U.S. hours on April 25 wh