The Moscow Exchange index collapsed by 4.23% at the close of trading on June 22, to 2318.28 points. This is the strongest one-day drop in the Russian stock market since September 2022, Russian media report, writes UNN.
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Among the companies, CIAN shares suffered the biggest losses, falling by 14.43%. Also significantly down were ALROSA (-7.2%), "Rusagro" (-7.18%), MKPAO "VK" (-6.98%), and "Aeroflot" (-6.73%).
In addition, Gazprom shares fell below the 100 ruble mark for the first time since November 2008.
The drop was the largest in a single trading day since September 26, 2022, when the Russian market reacted to the announcement of mobilization and the escalation of economic risks.