Turkish Stream project has chance to become basis for Europe’s gas supply — Russian envoy
Crimea launches criminal probe against Crimean Tatar politician — prosecutor
Baltic Fleet corvettes destroy simulated enemy ships in gun battle drill
Lavrov: peaceful civilians in Donbass die exclusively in Ukrainian army attacks
Blatter won fair victory — Russian sports minister
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Roscosmos blames an old-time design flaw of the Proton rocket crashRussia May 30, 5:40
West growing irritated at Ukrainian authorities — Russian EU ambassadorWorld May 29, 21:58
Blatter won fair victory — Russian sports ministerSports May 29, 21:45
France was forced to cancel Mistral deal under foreign pressure — Russian EU envoyEconomy May 29, 21:20
Putin concerned over shelling of civilian facilities by Ukrainian servicemenRussia May 29, 20:58
Russian Energy Ministry considers necessary to cut crude oil supplies to BelarusEconomy May 29, 20:52
Russian football chief urges cuts in FC sponsorship contracts with state monopoliesSports May 29, 20:31
Blatter Re-Elected to 5th Term as FIFA PresidentSports May 29, 20:27
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.