Moscow Exchange Index Drops Below 2100
The Moscow Exchange index fell below 2100 points for the first time since late July, with the RTS index dropping below 800 points for the first time since July 20. Both indices experienced significant declines on August 17, driven by sharp drops in major stocks.
Consensus
- The Moscow Exchange index (IMOEX) fell below 2100 points on August 17.
- The RTS index dropped below 800 points on August 17.
- Both indices experienced significant declines on August 17.
- The decline in the Moscow Exchange index was the first since July 24.
- The decline in the RTS index was the first since July 20.
- The Moscow Exchange index reached its lowest level since July 23.
Points of divergence
- The Moscow Exchange index (IMOEX2) reached a low of 2088.38 points at 8:27 MSK and later dropped to 2080.79 points by 9:12 MSK. — vedomosti
- The RTS index fell to 797.31 points at 17:50 MSK and was down 4.74% at 799.3 points. — kommersant
- On August 14, the Moscow Exchange index fell by 4.5%. — vedomosti
- The Moscow Exchange index was down 3.74% to 2148.9 points on August 17. — kommersant
- Among the biggest losers on August 17 were Lenta (-4.28%), Renessans Insurance (-4.17%), iPositiv (-4.11%), En+ Group (-4.09%), and BСП (-3.98%). — vedomosti
- The biggest losers on August 17 were RusAl (-6.69%), VK (-6.14%), Polyus (-6.1%), and Renessans (-5.65%). — kommersant
- The leader of growth was YUGK (+0.19%). — vedomosti
- The leader of growth was iCian (+0.52%). — kommersant
- The calculation of the Moscow Exchange index is based on the sum of market capitalization of all companies in the index divided by a divisor and multiplied by 100. — vedomosti
- The RTS index has declined by 9.46% since the start of the month and 28.2% since the beginning of the year. — kommersant
Coverage (3 sources)
- Moscow Exchange Index fell below 2100 points for the first time since the end of July — Ведомости
- RTS Index fell below 800 points for the first time since July 20 — Коммерсантъ
- Moscow Exchange Index fell by 4.5% — Ведомости