There is also a fall in the shares of such large companies as Gazprom, VTB, Rusal, Sberbank.
The main indicator of the Russian stock market fell by more than 5% / Illustration by REUTERS
Today, January 24, the RTS index – the main indicator of the Russian stock market – fell by more than 5%.
This is reported by “MosBirzha” .
The fall of the index takes place against the backdrop of aggravated relations with Russia and the risk of Russian troops invading Ukraine.
As of 11:40 on Monday, the fall was 6.23% – to 1,314.53 points. As of 13:00 Kyiv time, the index was already at 1,264.69.
There is also a fall in the shares of such large companies as Gazprom, VTB, Rusal, Sberbank.
Screenshot of Google Finance
Screenshot moex.com
Screenshot moex.com
What is the Moscow Exchange index:
The Moscow Exchange Index 10 is a composite price equal-weighted index of the 10 most liquid shares of the Moscow Exchange stock market. The index is calculated as the arithmetic average of the change in the prices of shares included in the calculation base.
(c)UNIAN 2022
Hooray!
“The negative geopolitical situation — which is threatening to worsen — is exerting pressure on ruble assets. Only a reliable and steady improvement can prevent further weakening of the ruble,” said BCS Investments analyst Dmitry Babin.
Russian companies have lost a combined $160 billion in value since Jan. 1, according to market data.
Kremlin spokesperson Dmitry Peskov blamed “global pessimism” for the sell-off of Russian assets, and said stock prices would bounce back once NATO dropped its hostile approach towards Russia.
“global pessimism” for the sell-off of Russian assets.,,,,,,,,,,,,,,,,,,,,,,you can lie like a Russian.
That’s finally a bit of good news in the sea of bad news. Money fleeing mafia land is always great to hear. Making this even better … the bottom hasn’t been reached yet.