The ruble index of the Moscow Exchange (Mosbirzhi) at one of the moments of daytime trading on Tuesday, January 18, collapsed immediately by 7.4%. Its daily low reached 3297.12 points.
According to the results of the main trades (at 18.50 Moscow time), the fall was 6.5%, by the close the index stood at 3328.94 points. A drop below the mark of 3400 points was recorded for the first time since March 2021, the RBC agency clarifies. At the same time, the index lost more than 5% during the trading day at the beginning of the pandemic - April 15, 2020.
The shares of large Russian companies have fallen in price
The RTS Index, the main indicator of the Russian stock market, fell to 1367.45 points, losing 7.3%. The shares of large Russian companies also fell in price: Yandex (at 18.49 Moscow time - minus 5.56%), Sberbank (minus 10.39%) and Gazprom (minus 8.65%).
Experts link the collapse of indicators with the growth of geopolitical tensions around the Russian Federation.
Last week, talks between the US and Russia in Geneva, at the NATO-Russia Council and within the framework of the Organization for Security and Cooperation in Europe (OSCE) ended to no avail. Against this background, many market participants hastened to minimize risks and get rid of a number of securities.
