Russia will not participate in OSCE session in Helsinki despite calls from the PA head
FSB detains Crimea’s industrial policies minster
Kremlin regrets confrontational tone of US national military strategy
Luhansk says US can influence Kiev to fulfil Minsk peace deal
Serbia has taken no decision on participation in Turkish Stream project
Poroshenko submits to Rada power decentralization billWorld July 02, 14:50
Lavrov: No country benefited from use of military forceRussia July 02, 14:45
Luhansk says US can influence Kiev to fulfil Minsk peace dealWorld July 02, 14:39
Kremlin regrets confrontational tone of US national military strategyRussia July 02, 14:32
West, East, BRICS countries need to join forces to resolve global conflicts — LavrovRussia July 02, 13:58
Russia to sign final document on Mistral helicopter carriers within month — officialEconomy July 02, 13:55
Kremlin welcomes steps to normalize US-Cuba tiesRussia July 02, 13:40
G20 summit in Antalya to discuss IMF reform — LavrovWorld July 02, 13:40
Donetsk militia withdrawn from ShirokinoWorld July 02, 13:35
MOSCOW, March 03. /ITAR-TASS/. Russian corporate stock traded on the London Stock Exchange continued falling following the collapse in Moscow. Sberbank’s stocks opened 13.6% down at $8.91 per receipt. Stocks of VTB are sliding 14.22% to $1.97 per receipt.
Meanwhile, stocks of Russian gas monopoly Gazprom lost 17.68% ($6.34 per receipt), and the company’s capitalization dropped $15 billion. Oil giant Rosneft’s stocks slipped 8% to $6.21 per receipt.
Russian stock exchange indices dropped at Monday’s opening, despite the CBR’s decision to temporarily up the key rate by 1.5 percentage points to 7% per annum.
The RTS Index sank 10.74% to 1,131.15 points. That of MICEX collapsed 9.52% to 1,313 points.
Aggregate capitalization of companies comprising the MICEX Index calculation base was about 18.368 trillion rubles ($504.77 billion) on Friday, said chief strategist of BCS financial group Maxim Shein. Accordingly, the market loss has reached 1.8 trillion rubles ($49.46 billion).
Market uncertainty takes place against the background of Russia’s weekend announcement that it could use its armed forces in Ukraine to protect Russian citizens and military personnel in the Crimea region.