On July 16, shares of Gazprom on the Moscow Exchange fell to a… (акция · газпром · руб)
On July 16, shares of Gazprom on the Moscow Exchange fell to a historical low of 83.98 rubles, marking their lowest level since the 2008 financial crisis and dropping over 5% from the previous day's close. The decline was driven by negative market sentiment related to stalled negotiations over the Power of Siberia-2 gas pipeline with China, potential U.S. tariffs on Russian energy exports, lack of dividends for several years, and broader macroeconomic pressures.
Consensus
- Gazprom's shares reached a historical minimum of 83.98 rubles on July 16.
- The previous historical low was 84 rubles, set on October 24, 2008.
- The share price dropped by more than 5% compared to the previous trading day's close.
- Trading occurred on the Moscow Exchange (Mosbirzha).
- Gazprom has not paid dividends for several consecutive years.
- Market sentiment was negatively affected by geopolitical and economic factors, including U.S. tariff threats and stalled negotiations over Power of Siberia-2.
Points of divergence
- On July 17 at 17:47 MSK, Gazprom's share price was 82.07 rubles, down 2.06% from the previous day’s close. — vedomosti
- Gazprom's shares fell to a level below the historical minimum of 84 rubles during the session and briefly touched a market capitalization of just over 2 trillion rubles ($25.7 billion). — thebell
- The share price reached its lowest point at 83.98 rubles by 13:00 MSK, and the decline was partially recovered during the session. — meduza
- Gazprom's shares fell below 84 rubles for the first time since the company’s initial public offering in 2006. — fontanka
- The Moscow Exchange index (IMOEX) dropped to a low of 2040 points, its lowest level since October 2022. — interfax
- Gazprom's shares fell below 90 rubles for the first time since 2008 on July 15. — tg_tvrain
Coverage (10 sources)
- Gazprom shares fell by 2.1% on the Moscow Exchange — Ведомости
- Gazprom shares hit historic low on Moscow Exchange — The Bell
- Gazprom shares hit new historical low — Meduza
- A setback of 20 years. See how much Gazprom shares are worth — Фонтанка
- Gazprom shares hit new historical low — Ведомости
- Gazprom shares fell to 83.98 rubles, below the minimum level of the 2008 crisis — Интерфакс
- Gazprom shares hit historical low since the global economic crisis of 2008 — Дождь (Telegram)
- Gazprom shares hit new historical low — Вести
- Gazprom shares hit new historical low — Коммерсантъ
- Gazprom stock price fell below 90 rubles for the first time since 2008 — Коммерсантъ