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RUSSIAN STOCK MARKET HAS EXPERIENCED THE WORST COLLAPSE EVER

... assets of some firms even strengthened. At the same time, shares of Rusal, which had sagged earlier, rose immediately by 30.5% (up to 77.7 rubles per share). Investors thus reacted to the fact that the aluminum producer was not included in the list of sanctions. Experts attribute this to the fear of the Biden administration to introduce measures against a company that supplies about 10% of the total volume of imported aluminum to the United States.

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