This drop occurred after the completion of the first round of negotiations between Russia and the United States in Riyadh, which did not bring the expected results, especially on sanctions issues.
Among the stocks that showed growth, Mosenergo (+1.06%), Rusal (+0.75%) and Polyus (+0.66%) stand out. At the same time, the largest declines were recorded in shares of PIK (-5.93%), Mechel (-5.03%) and VTB (-4.76%).
Photo: ru.freepik.com
The market reacted to the words of Russian presidential aide Yuri Ushakov, who noted that it was too early to talk about a rapprochement between the positions of the two countries. In addition, he said that the meeting of the presidents of Russia and the United States was unlikely to take place next week, which increased uncertainty among investors.
The lack of concrete agreements and ongoing tensions between the two countries continue to put pressure on the Russian stock market. Investors are closely monitoring developments, waiting for new signals from the parties.
