Russian stock markets fall on first day of trading in 2014

Russian stock markets fell sharply on Monday, the first day of trading in 2014, with one benchmark index shedding almost 4 percent, RIA Novosti reports.

The dollar-denominated RTS Index fell 3.77 percent to 1388.28 and the Micex Index declined 2.52 percent to 1466.15 at the close of Monday trading, RIA Novosti gives the data from the Moscow Exchange.