MOEX Index Drops Below 2100 for First Time Since July
The MOEX index fell below 2100 points for the first time since July 24, driven by geopolitical uncertainty and oil price fluctuations, with a decline of over 100 points in two days and more than 500 points lost in the past month.
Consensus
- The MOEX index fell below 2100 levels.
- The decline occurred amid geopolitical uncertainty and oil price volatility.
- The index had lost over 500 points in the past month.
- The drop was observed during morning trading sessions on August 14.
- The market had previously reached a four-year low at the end of the previous week.
Points of divergence
- The MOEX index fell to 2095.96 points on August 14, marking the first time below 2100 since July 24. — kommersant
- The MOEX index dropped to 2189.61 points on August 14, and had previously fallen below 2100 in December 2022. — vm
- The main trading session on the Moscow Exchange will start one hour earlier, at 9:00, beginning September 14. — kommersant
- The decline in the index was linked to oil prices ranging between $85 and $90 per barrel. — vm
Coverage (3 sources)
- Moscow Exchange Index fell below 2100 points for the first time since the end of July — Коммерсантъ
- Moscow Exchange Index fell by more than 100 points over two days — Вечерняя Москва
- Moscow Exchange Index fell below 2200 points for the first time since the end of July — Коммерсантъ