Trillion rubles lost in Russian shares on falling oil prices

The RTS index fell by 2.3% or $ 7.1 billion in terms of capitalization. Experts note that the current drop is the most protracted in 2021. After a four-day decline, the Russian market was cut off from the capitalization of blue chips by 938 billion rubles.

According to Finam analyst Sergey Kaufman, the collapse in oil prices and the negative external fund "left no chance for the Russian market". Futures for coupon Brent crude fell by the maximum in a year - by 7.2% The Dоw Jones index in the US showed a record fall since October - 2.8%. The reason for this is fears that the world economy will return to a state of quarantine due to a new wave of the pandemic. Sberbank shares lost 2.48%, VTB - 2.65%, Rosneft - 3.12%, LUKOIL - 2.11%, Transneft - 6.29%, Gazprom Neft - 3.19%.

Earlier it was reported that amid the collapse of oil and active withdrawal of investors from risky assets, the ruble fell in price. According to experts from "Interfax-CEA", the Russian currency fell against the dollar and the euro in the evening trading after falling oil prices, as well as the flight of investors from risk. Oil quotes are losing 5-6% after the OPEC + decision to increase production.