The Moscow Stock Exchange index exceeded the collapse level after the start of a special operation in Ukraine. Thus, the key index of the Russian stock market reached an almost two-year high. The largest contribution to the growth of the current index was made by Yandex and Ozon.
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During trading on March 4, the Moscow Stock Exchange index rose to 3,298 points, according to data from the trading platform.
Thus, the Moscow Stock Exchange index, a key indicator of the Russian stock market, has reached a high in almost two years. The index was below the current level before the announcement of the start of a special operation in Ukraine. On February 24, 2022, the index plummeted 45.5% to 1,681 points.
The largest contribution to the growth of the Moscow Stock Exchange index on Monday, March 4, was made by the securities of Yandex (+4.3%), Ozon (+3.2%), Polymetal (+2.4%), Mechel (+2.3%), Aeroflot (+2.3%).
Last week, from February 26 to March 3, the Moscow Stock Exchange index rose by 3.6%.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
