The Russian stock market plummeted following reports of strikes on Kyiv
The Russian stock market fell to a six-month low following statements by the Russian Foreign Ministry regarding strikes on Kyiv. The Russian stock market began the week with a drop to its lowest levels in the past six months. The Moscow Exchange Index fell by 1.05% to 2,598 points, and during trading, it dropped to its lowest level since November of last year.
This was reported by Russian propaganda media.
As noted by Finam analyst Dmitry Lozovoy, the sell-off was triggered by statements from the Russian Foreign Ministry regarding “consecutive strikes on decision-making centers and command posts” in Ukraine.
- Rosneft shares lost 2.6% and hit their lowest level since February;
- Gazprom fell by 0.8%—to its lowest level since November 2025;
- Novatek shares fell 3.9%, also to a six-month low.
Since the start of the year, the Moscow Exchange index has lost 6.5%, and market capitalization has shrunk by nearly 400 billion rubles.
Andrey Khokhrin, CEO of Ivolga Capital, stated that the market is signaling an accumulation of economic problems in Russia that outweigh the benefits of rising oil prices.
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