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HomeLatest NewsRussian stock indices fell by around 40% over the year - Rossiyskaya...

Russian stock indices fell by around 40% over the year – Rossiyskaya Gazeta

Date: January 29, 2023 Time: 04:37:07

During the year, the Moscow Stock Exchange index decreased by 42.73%. On December 30, 2021, the indicator was 3753.92 points, according to the trading results of December 30, 2022 – 2149.83 points. The RTS Forex Index fell in the same way: 1580.27 points a year ago and 941.35 points at the end of trading on December 30, 2022.

The outgoing year can be described without exaggeration as one of the most difficult in recent decades. Geopolitical tensions, the increase in global inflation driven by the high prices of raw materials as a consequence of the COVID-19 pandemic and the expectation of a future recession in the main economies of the world, all these factors have affected the behavior of private and institutional investors around the world. Almost all sites in the world lost capitalization, but the Russian stock market was the leader of the fall due to obvious reasons: sanctions restrictions, exclusion of foreign capital from trading, etc., says Alexander Checherin, a personal broker at BCS World of Investments.

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.

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