On the morning of January 6, the Moscow Stock Exchange index fell below 2,800 points, retreating to the level of the end of 2024. The RTS index also started the week lower.

The Russian stock market opened with falls in the main indices
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At 10:00 Moscow time, at the opening of trading, the Moscow Stock Exchange index decreased by 0.85% to 2,804.5 points. At 10:01, the index had accelerated its decline to 2,799.08 (-1.04%), falling below 2,800 points for the first time since December 28, 2024.

At 10:13 the index was at 2,794.86 points. Interfax associates the decline in stock market indicators with “continued profit-taking by actors in a context of worsening external conditions.”

Then the Moscow Stock Exchange index recovered: at 12:05 the indicator was at the level of 2815.76 points. In previous trading on January 3, the Moscow Stock Exchange index approached 2,900 points at the beginning of the session, but ended the day with a decline below 2,830 points.

With the opening of the day on January 6, the RTS index also decreased by 0.85%, to 868.88 points. At 10:14 the indicator had dropped to 865.88 points, but at 12:05 it had recovered to 872.28. At the close of trading on January 3, the RTS index exceeded 876 points.

Photo: Unsplash

Author:

Akhmed Sadulayev

Source: RB

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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.

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