The Moscow Exchange Index fell below 1900 points for the first time…
The Moscow Exchange Index fell below 1900 points for the first time since October 2022. The index plummeted to its lowest level since October 2022 due to mass selling of shares, dropping by 4.24% to close at 1967.83 points on the main session of July 16.
Consensus
- The MOEX index fell below 1900 levels on July 20, 2024, for the first time since October 2023.
- The Russian stock market has been declining for five consecutive months as of July 2024.
- The decline in the MOEX index was influenced by concerns over the Central Bank's upcoming interest rate decision.
- Major Russian corporations such as Sberbank, Gazprom, and Transneft contributed significantly to the index drop.
Points of divergence
- The attack on Wildberries warehouses affected Ozon’s stock price, which dropped by 12%. — thebell
- At 12:00 MSK on July 20, the MOEX index was at 1927.00 points and had declined by 1.60% compared to the previous close. — vedomosti
- The MOEX index dropped by 2.86% on July 20, reaching 1897.62 points during trading. — vm
- By 10:15 MSK on July 20, the index had recovered above 1900 points after an initial drop below that level. — meduza
- At 20:07 MSK, the IMOEX2 index fell by 4.72% to 2005.1 points during evening trading, reaching a new low since October 2022. — tvrain
- The MOEX index dropped by 4.24% on July 16 (not July 20), closing at 2022.27 points, marking the largest daily fall since September 2022. — tg_tvrain
- On July 16, the MOEX index briefly fell below 2100 points during morning trading for the first time since December 2022. — kommersant
- On July 6, the MOEX index dropped below 2200 points for the first time since February 2023, reaching a low of 2196.62 points by 16:33 MSK. — interfax
Coverage (20 sources)
- Moscow Exchange Index struggled to grow from 1900 points — The Bell
- Dividend gaps keep the Moscow Exchange index in the negative — Ведомости
- Moscow Exchange Index drops below 1900 points for the first time since October 2022 — Вечерняя Москва
- Moscow Exchange Index drops to September 2022 minimum — Meduza
- Stock market tries to hold onto the 2000 level on Moscow Exchange index — Ведомости
- Moscow Exchange Index confidently drops below the 2,000-point level — Ведомости
- Moscow Exchange Index drops below 2,000 points for the first time since October 2022 — Ведомости
- Moscow Exchange Index Plunged to October 2022 Low Due to Mass Stock Sales — Дождь
- Moscow Exchange Index Plunged to October 2022 Low Due to Mass Stock Sales — Дождь (Telegram)
- Moscow Exchange Index Dropped Below 2,025 Points for the First Time Since October 2022 — Ведомости
- Moscow Exchange Index dipped below 2,100 points for the first time in December 2022 on the morning session — Коммерсантъ
- Moscow Exchange Index sets new minimum since end of 2022 — Ведомости
- Moscow Exchange Index sets new low since December 2022 — Коммерсантъ
- Russian government bond index fell below 111 points in real-time — Ведомости
- Moscow Exchange Index Dropped Below 2200 Points for the First Time in Three Years — Meduza
- Moscow Exchange Index drops below 2,200 points for the first time since late February 2023 — Коммерсантъ
- Moscow Exchange Index drops below 2,200 points for the first time since early 2023 — Ведомости
- Moscow Exchange Index drops below 2200 points for the first time since February 27, 2023 — Интерфакс
- RTS Index drops below 900 points for the first time since January 2025 — Ведомости
- RTS Index drops below 900 points for the first time in 1.5 years — Коммерсантъ