Moscow Exchange Index Down 6.5% On Tuesday, Largest One-Day Drop During Pandemic
Fahad Shabbir (@FahadShabbir) Published January 18, 2022 | 09:44 PM
The Russian stock market slumped 6.5% on Tuesday, the largest drop since the beginning of the pandemic in 2020
MOSCOW (UrduPoint News / Sputnik - 18th January, 2022) The Russian stock market slumped 6.5% on Tuesday, the largest drop since the beginning of the pandemic in 2020.
The ruble-denominated Moscow Exchange index fell 6.5% in main trading session to 3,328.94 points, while the US dollar-denominated RTS index was down 7.29% to 1,367.45 points. This is the highest drop since March 12, 2020, when the Moscow Exchange index fell by 8.28%, and the RTS was down 11.03%.
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