The Moscow Exchange index at the beginning of trading exceeded 2300 points for the first time since September 20, 2022. This is evidenced by trading data.
As of 10:08, the index grew by 0.25% (2301.3 points), but at 10:13 it slowed down to 2298.99 points (+0.15%). The RTS index increased by 0.24%, rising to 953.69 points.
The current dollar and euro rates, as well as quotes of the main indices and stocks on the Moscow Exchange are available on a special page.
On February 21, during the message of President Vladimir Putin to the Federal Assembly, the Moscow Exchange index grew by more than 2% and reached 2227.82 points.
At the end of 2022, the Moscow Exchange index lost 37%, a more significant drop was recorded only once – in 2008 (minus 60%). Even following the results of the default 1998, Russian shares did not fall in price so rapidly (minus 28%).
Read more regarding what awaits the stock markets following record failures, read in the material “Kommersant” “Renaissance rates”.