new Delhi. Russia’s Moscow Exchange (Moscow Exchange) stopped trading in the market for about two hours on Thursday and when it opened two hours later, there was a tremendous drop of about 50 percent. Russia’s markets have suffered a terrible fall due to the attack on Ukraine. Apart from this, many European countries have also imposed various sanctions on Russia’s major banks and big riches.
The Russian Stock Exchange was reopened and trading resumed at 12:30 hrs (10 o’clock in Moscow) Indian time. At 2 o’clock Indian time, the RTS index had fallen by 50.05 percent and the index slipped to 612.69. Apart from this, MOEX had come down to 1,226.65, down 44.59 percent. The volatility (fear meter) of the exchange increased to the mark of 53.10.
Also read – The wealth of the rich of Russia was destroyed in the fire of war, know how much their wealth decreased
Global stocks and US bond yields also plunged after Russia announced a full-fledged attack on Ukraine, while dollar, gold and oil prices ran higher.
Tags:, stock market, Ukraine
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