Without war in Ukraine, Russian markets close day to 33% weaker

Following Russia's military action in Ukraine, main index Russia's MOEX concluded Thursday's session of 33% weaker. Russian major energy companies and banks were hit mostly amid expectations that the West would declare stricter sanctions. Gazprom dropped 38% and Rosneft fell for 40%, while [...]
Russian major energy companies and banks were hit mostly amid expectations that the West would declare stricter sanctions. Gazprom fell to 38% and Rosneft fell for 40%, while VTB and Sberbank banks also dropped more than 40%, writes Sky news, Periscope
Russian ruble remains at the lowest level, falling 7% against the US dollar.












