Home Latest News The Russian stock market collapsed – Oxu.az

The Russian stock market collapsed – Oxu.az

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The Russian stock market collapsed – Oxu.az

The strong escalation between the Kremlin and the West and the authorization of the United States to launch long-range missiles into Russian territory caused a collapse in the Moscow stock market.

Oku.Az It is reported with reference to the “Moscow Times”.

As a result of Tuesday’s trading, the Moscow Stock Exchange index, which includes the values ​​of the fifty largest Russian companies, fell by 3.32% and reached 2,630.5 points. This drop was the second largest in the last two years.

The RTS index, which tracks the dollar value of stocks, lost almost $2 billion, or 3.43%, in capitalization.

There were practically no value increases in the stock market.

It should be recalled that on Sunday the United States for the first time allowed Ukraine to use ATACMS missiles with a range of 300 km to strike deep into Russia, and on Tuesday night the first such attack was carried out on a military base in the region. from Bryansk.

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