Rosneft: The third consecutive selloff in Russian share markets was led by state-owned oil company Rosneft, which traded 2.7 percent lower, according to Deutsche Welle. "Considering the onslaught of negative news, it will be harder to find buyers for the company shares," Yuri Selyandin of investment firm GHP Group told the news agency Reuters. 0:00:00 0:00:00 German companies concerned about sanctions Moscow dollar-denominated RTS stock market index dropped 2.5 percent on Monday, while the broader index, which trades shares in Russian ruble, slumped 2 percent. The Russian currency itself was down 0.7 percent against the US dollar and the euro. Rosneft shares were hit by an international court ruling on Monday that the government in Moscow pay shareholders in defunct oil producer Yukos $50 billion 37.2 billion euros for expropriating their assets. Rosneft is not a defendant in the case and said it didn't expect any claims in connection with the ruling. But Russia biggest oil producer is on a list of assets Moscow wants to privatize.
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