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The following stocks may rise or fall in Russia. Stock symbols are in parentheses after company names. Prices are from the last close.

The ruble-denominated Micex Index dropped 1 percent to 1621.98. Eight stocks advanced and 22 declined. The dollar- denominated RTS Index slipped 0.5 percent to 1,852.15.

OAO Rosneft (ROSN RX): Russia's biggest oil producer may fall after oil prices declined. Rosneft shares fell 0.2 percent to 206.37 rubles on the Micex Stock Exchange.

OAO Polyus Gold (PLZL RX): The country's biggest producer of the metal may rise after gold prices rose in New York on speculation that rebounding equities will boost investment demand in precious metals. Polyus shares fell 1.4 percent to 1027.85 rubles on the Micex.

OAO VTB Bank (VTBR LI): Russia's second biggest publicly traded bank said it had no exposure to U.S. subprime ABS or any CDO exposure. ``There is no impact on the quality of our assets from U.S. mortgage based securities,'' said Nikolai Tsekhomsky, chief financial officer of VTB Group. Shares of VTB fell 1.6 percent to $8.72 in London. In May the bank sold $8 billion of new shares at $10.56 apiece in an initial public offering.