The Russian stock market has shown a record drop since the beginning of the pandemic

The Russian stock market has shown a record drop since the beginning of the pandemic

As a result, a serious drop in the share price also affected the outflow of investors.  

Today’s trading on the Russian stock exchange ended with a recent record drop in the main indices, which was the largest since the beginning of the coronavirus pandemic. Such data are provided on the Moscow Stock Exchange.

The Moscow Exchange index decreased by 5.5%, and the RTS index lost 7.59%. At the same time, during trading, the stock market index declined by 7.59%, to 3,314.66 points.

The index last fell below 3,400 points in February-March last year. And, according to RBC, the Moscow Stock Exchange index dropped below 5% at all at the beginning of the coronavirus pandemic, on April 15, 2020.

At the same time, the RTS dollar index decreased by 6.38% (1380.91 points).

It is noted that such a sharp drop was influenced by geopolitical tensions against the background of the Ukrainian issue.

Thus, a sharp drop in the value of shares occurred in such companies as Gazprom, Sberbank, Rusal, Sistema, Norilsk Nickel, Novatek, VTB, Rosneft, etc. All these companies have lost an average of 10-15% of their value.

As a result, a serious drop in the share price also affected the outflow of investors.

Earlier, Topnews wrote that in March 2020, since the beginning of the pandemic, American stock markets also experienced the largest collapse in 30 years.

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Источник topnews.ru

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