14.12.2021, 10:27
Russian Stock Market Fell to Its Lowest Since March
Source: OREANDA-NEWS
OREANDA-NEWS. The Russian stock market fell to its lowest level since March on the morning of December 14. This is evidenced by the trading data of the Moscow Exchange.
So, as of 7:47 am Moscow time, the index with an additional code (iMOEX2) fell by 4.9% to 3444 points, and before that updated the minimum since March, having fallen to 3352.53 points.
The main session on Monday closed at 3618.31 points.
In addition, Brent crude oil fell 0.4%, dropping to $ 74.1 per barrel.
According to Interfax experts, the decline in Russian shares is due to a worsening situation in world capital markets, including at oil sites. In addition, this decline can be explained by the persisting geopolitical risks.
On December 3, analyst at Alfa Capital, Denis Badyanov, said that a barrel of Brent oil could stabilize in the range of $ 70-73 after unnecessary emotions leave the quotes.
On November 29, experts interviewed by the Delovoy Peterburg newspaper said that in the face of a sharp collapse of the Russian stock market, the purchase of securities of the oil and gas industry and the banking sector remains relevant.
Experts linked the sharp drop in the Russian stock market to false reports by Western media about the allegedly impending Russian invasion of Ukraine.
So, as of 7:47 am Moscow time, the index with an additional code (iMOEX2) fell by 4.9% to 3444 points, and before that updated the minimum since March, having fallen to 3352.53 points.
The main session on Monday closed at 3618.31 points.
In addition, Brent crude oil fell 0.4%, dropping to $ 74.1 per barrel.
According to Interfax experts, the decline in Russian shares is due to a worsening situation in world capital markets, including at oil sites. In addition, this decline can be explained by the persisting geopolitical risks.
On December 3, analyst at Alfa Capital, Denis Badyanov, said that a barrel of Brent oil could stabilize in the range of $ 70-73 after unnecessary emotions leave the quotes.
On November 29, experts interviewed by the Delovoy Peterburg newspaper said that in the face of a sharp collapse of the Russian stock market, the purchase of securities of the oil and gas industry and the banking sector remains relevant.
Experts linked the sharp drop in the Russian stock market to false reports by Western media about the allegedly impending Russian invasion of Ukraine.
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