Russian stock market has shown collapse since 2008

Against the background of the recognition of the independence of regions controlled by the separatists in the Donbas, the Russian stock market is experiencing the largest collapse over the past 12 years. On February 21, the Mosbier index collapsed by 10.5%, dropping to 3,000 points, at a minimum of the day he fell by more than 14%. For the last time, such a collapse in the Russian market was recorded in November 2008, the edition of znak.com reports.

The RTS index for Monday fell by 17.3%, to 1152.14 points, but then partially played losses. This is the largest collapse since October 2008.

The Moscow Exchange Index during the start of the morning bidding February 22 decreased by 5.44%, reports Interfax.

Large losses carry basic “blue chips”. Shares of Sberbank during the trading at the moment fell by more than 21%, “Yandex” – by 19%, Gazprom – by 11%, write Russian media.

Rosbalt conveys that the Russian ruble is also weakening: at the opening of today’s trading, the US dollar rose to 21 kopecks. up to 79.99 rubles, euro exchange rate – 8.25 kopecks. up to 90,235 rub.

According to analysts, the Russian stock market will now long under pressure due to future sanctions due to the recognition of the independence of the Donbass.

Vesti.This notes that the world markets are rapidly decreasing against the background of the situation around Ukraine. In Japan, the Nikkei index from discovery loses more than one and a half percent. Futures for US indices – in the minus within the semi-register. Bidding in the States on the eve did not have been held in connection with the holiday,