By 10:01, the Moscow Exchange index stood at 2172.02 points (-0.7%)… (рынок · индекс · акция)
By 10:01, the Moscow Exchange index stood at 2172.02 points (-0.7%), and the RTS index was at 901.14 points (-0.7%). In the US yesterday, stock indices rose by 0.3-1.3%, led by Nasdaq; traders actively bought shares of chipmakers and other technology companies that had noticeably dropped in price at the beginning of the week.
Consensus
- The Russian stock market has experienced sustained declines since February 24, 2022.
- The MOEX index fell to approximately 2117–2172 points in early July 2024.
- Oil prices declined, with Brent futures trading around $76 per barrel on July 10.
- Geopolitical tensions related to the war in Ukraine contributed to market volatility.
- There were expectations of new Western sanctions against Russia, including a potential 21st package targeting financial and energy sectors.
Points of divergence
- The MOEX index has been declining for 17 consecutive weeks—the longest such streak in its history since 1997. — thebell
- As of July 2024, the market is trading at nearly the same level as it was on February 24, 2022, meaning investors have gained almost nothing over four and a half years despite Kremlin goals to increase market capitalization. — thebell
- The MOEX index closed at 2085 points on February 24, 2022—a drop of 33%, the third-largest single-day fall in global stock market history according to Bloomberg. — thebell
- On July 10, the MOEX index was at 2172.02 points at 10:01 MSK, down 0.7% from the previous day’s close. — interfax
- The Russian Ministry of Foreign Affairs stated that Western countries have shifted to open ultimatums toward Russia regarding Ukraine. — interfax
Coverage (20 sources)
- Why the Russian Stock Market Crashed, Expansion of Fuel Crisis, and New Strikes Against Petrochemical Plants — The Bell
- Russian stock market continues confident decline — Ведомости
- Moscow and RTS indices fell by 0.7% at the start of the main trading session — Интерфакс
- Russian stock market opened on the morning session with a 0.9% drop in the IMOEX2 index — Интерфакс
- Russian stock market opened on the morning session with a 0.3% drop in the IMOEX2 index — Интерфакс
- Russian stock market hit new low since December 2022 on Moscow Exchange index and rebounded — Интерфакс
- Russian stock market tries to recover part of the decline — Ведомости
- Russian stock market confidently declines — Ведомости
- Russian stock market opened on the morning session with a drop in the IMOEX2 index by 0.36% — Интерфакс
- Russian stock market opened with a 0.3% rise in the IMOEX2 index — Интерфакс
- Russian stock market fell to 2240 points on the Moscow Exchange index this Friday — Интерфакс
- Russian stock market closes with a decline — Ведомости
- Russian stock market continues free-fall — Ведомости
- Moscow Exchange and RTS indices began the main session up by 0.1% — Интерфакс
- Russian stock market opens on the morning session with minimal change in the IMOEX2 index — Интерфакс
- Russian stock market fell to last week's levels on expectations of a pause in central bank rate cuts — Интерфакс
- Russian stock market falls without volume — Ведомости
- Russian stock market opens with declines — Ведомости
- Russian stock market opens on the morning session with minimal change in the IMOEX2 index — Интерфакс
- Moscow Exchange Index Dropped to 2340 Points Following Oil Price Decline — Интерфакс