From: New Voice of Ukraine 🇺🇦
The Moscow Stock Exchange index fell on Aug. 19 to its lowest point since July 2023, Russian news agency Interfax reports.
The MSE Index dropped to 2,798.72 points (-1.04%), and the RTS Index fell to 991.67 points (-1.04%), with most blue-chip stocks on the exchange showing a negative trend of up to 2.9%.
The stocks of nearly all major Russian companies declined, including Ozon, AFK Sistema, Sberbank, Severstal, Lukoil, NLMK, Tatneft, Alrosa, VTB, Rusal, Surgutneftegaz, MMK, Magnit, Gazprom Neft, Rosneft, MTS, Aeroflot, Gazprom, Novatek, and Norilsk Nickel.
Analysts attribute the Aug. 19 decline in Russian stock prices to worsening conditions in global capital markets, including a drop in global oil prices, as well as several internal negative factors. These include concerns over the potential tightening of the Bank of Russia’s monetary policy to combat inflation and heightened geopolitical risks related to the Ukrainian Armed Forces’ operation in Kursk Oblast.
Voice of Ukraine 