Yukos helps push down the Russian index

The timing couldn?t have been worse. The Yukos saga moved into its endgame as charges against both the oil company and its biggest shareholders went to court at the end of May. The bankruptcy of what was once Russia?s most valuable company now looks like a real possibility. Investors would have been unnerved anyway, but the start of the trials coincided with a string of bad news and Russia?s leading RTS index slipped, wiping out all of this year?s gains in a week.