The majority of shares are falling on the Russian stock market. In particular, shares of the national energy grid RAO UES of Russia plummeted 8.5 percent and Mosenergo dropped 5 percent at the RTS. Rostelecom retreated more than 2 percent and Surgutneftegas by about 2 percent. The only exception is the oil major LUKoil that is still 0.55 percent above yesterday's closing. The RTS index dropped 1.25 percent to 465.24 points as of 1:30 p.m.
The remarks from the Pope came as "a very strong step towards degradation," "given the rather massive nature of homosexuality" among the Catholic clergy.