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The move plunged Russia’s stock market to February 24 levels

Photo: facebook.com/pg/MSKExchange

The Kremlin’s announcement of a partial mobilization caused the Moscow Exchange index to fall.

The Moscow Exchange Index fell below 1,900 points for the first time since February 24. Thus, the Russian stock market was affected by the slight mobilization announced by the head of the Kremlin, Vladimir Putin. This is confirmed by exchange data.

At 13:00 (Kyiv time), the Moscow Exchange Index fell by 10.3% to 1875 points, the RTS index – by 10.5% to 1020 points.

Note that the collapse of the stock market in the Russian Federation began on Tuesday, September 20. The Moscow Exchange and RTS indices fell by 9% after reports of plans to mobilize.

After Putin’s statement on Wednesday, September 21, the Moscow Exchange index fell by 7.4%, the RTS index fell by 9.7%.

Recall that the American investment company BlackRock has announced the liquidation of its exchange-traded fund, which focuses on Russian securities.

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Source: korrespondent

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