11:35 - 20.11.2024

---

 November 20, Fineko/abc.az. The sharp escalation between the Kremlin and the West and the first strikes by long-range US missiles on Russian territory contributed to a sharp collapse in stock prices, government bonds and the ruble exchange rate on the Moscow Stock Exchange, ABC.AZ reports, referring to the publication of The Moscow Times.

Following the trading on Tuesday, the Moscow Stock Exchange index, which includes the securities of fifty of the largest Russian companies, fell by 3.32% to 2,630.5 points. The collapse was the second largest in the last two years and cut off 179 billion rubles from the capitalization of the index.

The RTS index, which tracks the dollar value of stocks, lost almost $2 billion in capitalization (3.43%). And its value at the close of trading - 828.38 points - became the lowest since the first day of the Russian-Ukrainian conflict (February 24, 2022).

There are practically no more expensive stocks on the stock exchange. As of 20:14 Moscow time (21:14 on Baku time), shares of Sberbank fell by 3.3%, Gazprom - by 3%, Rosneft - by 2.9%. Severstal's securities fell by 3.7%, Mechel's by 4.1%, Rosseti's by 5.2%.

The official dollar exchange rate from the Central Bank exceeded 100 rubles for the first time in a year, and in Forex it reached 101.1 rubles. The RGBI index, which tracks federal loan bond quotations, resumed its decline and lost 0.82%.