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Total sale: Western investors get rid of Russian shares

... In general, according to sources, the MSCI Russia index showed a decrease in capitalization by 22%. By the end of the day, it amounted to $94.6 billion. It is assumed that investors will continue to get rid of Russian securities, especially given the sanctions against the Central Bank of the Russian Federation. Foreign exchanges are gradually ceasing trading in shares of Russian companies.

Yandex announced the risk of default in company

Yandex, which has been operating in the Russian market for many years, announced that it would possibly be unable to pay off the bonds. The debt on them is 1.25 billion. In a situation where the company is not allowed to redistribute funds between subsidiaries, it will not be able to fulfill its obligations. Neither Yandex itself, nor the members of the board of directors, nor the shareholders were sanctioned, but there may still be negative financial consequences. We are talking about trading...

RUSSIAN STOCK MARKET HAS EXPERIENCED THE WORST COLLAPSE EVER

... hard to stop. At the same time, despite the financial interventions of the regulator, the exchange rates of the main currencies (euro and dollar) against the ruble continued to grow. The most vulnerable in the current situation turned out to be the shares of credit institutions that fell under the sanctions (Sberbank, VTB, Gazprom). They lost over 50% of their value. The index, despite the correction, could not return to 2000 points. Shares of large Russian retailers have undergone a collapse as well. Many, including Ozon, lost almost a third of ...

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