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Collapse of the stock market in Russia broke the record of spring 2020

... with increased geopolitical risks around the Russian Federation. Stock indices showed a pullback that surpassed a similar drop in the spring of 2020, when the coronavirus pandemic had just begun. The result of the fall was a decline in prices for shares of different categories. Thus, the cost of ‘blue chips’ fell by an average of 10.7%. This affected the securities of such major players as Rosneft, Sberbank, and OZON. Among the shares of the ‘second tier’, there are RN-Western Siberia PJSC, GTL PJSC and Belona that demonstrated the largest rollback. The value of their securities fell by 10-12%, Interfax ...

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