The Russian stock market ended trading with a 3% decrease in the Moscow Exchange index, the RTS index fell by almost 4%

The Russian stock market ended trading with a 3% decrease in the Moscow Exchange index, the RTS index fell by almost 4%

The Russian stock market ended trading with a 3% decrease in the Moscow Exchange index, the RTS index fell by almost 4%

The Russian stock market on Monday slid down following external stock markets and oil amid fears of an intensification of the second wave of the coronavirus pandemic and the lack of consensus in the US Congress on a new economic aid program. The Moscow Exchange and RTS indices retreated from psychological levels of 2900 and 1200 points, showing a record drop in 5 months.

On Monday, stock indices in Asia continued to decline (Japan's stock exchanges closed for the Day of Honoring the Elderly, China's Shanghai Composite lost 0.6%, and Hong Kong's Hang Seng dropped 2.1%).

Europe was sinking (indices CAC 40, DAX, FTSE lost 2.9-3.2%).

America went down (the S&P 500 index lost 1.9% at the beginning of trading, having rolled back below 3260 points) amid growing investor fears about the intensification of the second wave of the coronavirus pandemic.

Oil on Monday also falls in price on the news of the beginning of recovery of production in Libya. Investors also continue to monitor data on the spread of the coronavirus in the world. Over the past week, Brent rose in price by 8.3%, WTI – by 10.1%.

The Moscow Exchange index fell 2.99% to 2863.67 points.

The RTS index fell by 3.86% – to 1181.24 points.

The leaders of decline among blue chips were shares of Tatneft (MCX: TATN), LUKOIL (MCX: LKOH), RBK, Norilsk Nickel (MCX: GMKN), Gazprom (MCX: GAZP).

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