Russia hopes for resumption of grain exports to Iran — ministryBusiness & Economy July 29, 21:52
Humanitarian operation in Aleppo to create basis for inter-Syrian talks — officialWorld July 29, 21:47
Russian watchdog to consider import ban lifting after visit to TurkeyBusiness & Economy July 29, 21:35
International Weightlifting Fed disqualifies Russian team from OlympicsSport July 29, 20:55
Crimea needs French investments — officialBusiness & Economy July 29, 20:51
French MP: tatar minority rights observed in Crimea better than Russians’ in Baltic statesRussian Politics & Diplomacy July 29, 20:44
Russian defense contractor: fully universal submarine can’t be developed todayMilitary & Defense July 29, 20:25
Russia to discuss Nord Stream-2 with European Commission — ministerBusiness & Economy July 29, 20:09
Ministry: Inflation suppression to 4% by 2017 year-end possible in RussiaBusiness & Economy July 29, 20:03
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.