Trump Has Collapsed The Russian Market By 100 Billion Rubles

• 26.05.2025, 12:50

The announcement of possible sanctions had an impact.

U.S. President Donald Trump's sharp outbursts, calling Vladimir Putin "crazy" and threatening to tighten sanctions against Russia over massive strikes on Ukraine, sent the Russian stock market to new lows, The Moscow Times wrote.

By 12.18 p.m. Minsk Monday, the MosBirch index had fallen 1.51%, losing about 100 billion rubles of capitalization in a few hours of trading, and rolled back to 2,727 points, while earlier it had fallen to 2,719 points - the lowest level since early April.

The downward race among blue chips was led by Gazprom, whose shares plunged 3.5%. Shares of Sber and VTB fell by 1.5% and 2.4%, respectively, amid reports that the European Union is preparing to disconnect 20 more Russian banks from the SWIFT system.

Shares of Rosneft fell by 1.4%, Sovcomflot by 2.6%, Severstal by 2%, Aeroflot and Magnit by 2.2%.

Sales prevail in the market given the deterioration of the geopolitical background and protracted negotiations on Ukraine, states PSB analyst Evgeny Loktyukhov.