The Moscow Exchange index fell by 8.8% for the first time since February 24

The Moscow Exchange index fell by 8.8% for the first time since February 24

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The main session of trading on the Russian stock market ended with a fall of 8.84%. This is a record decline since February 24, the day the Russian military special operation in Ukraine began.

By the close of the main trading session, the Mosbirzhi index sank to 2215.67 points (the lowest recorded indicator per day was 2171.92 points), follows from data trades. Since the beginning of the year, the index has dipped by 41.5%. The RTS dollar index fell by 9.31% (to 1154.17 points).

Among the decline leaders: Polymetal (-12.3%), OZON (-11.4%), Surgutneftegaz (-10.8%, -5.3% – prefs), Yandex (-10.8% ), LUKOIL (-10.5%) and Gazprom (-10.4%).

The market crash is happening in the background announcements referendums on joining Russia in the territories of Ukraine controlled by the Russian army. The international community condemned the announcement of the plebiscites.

On referendums in Ukrainian territories – in material “b”.

Andrey Sapozhnikov

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