Bureau of technical supervision

Russian exchanges have fallen 4.71%, shares of the biggest companies have fallen by 10-24%

As of 12:00 MSK MICEX index fell by 4.25 % – to 1195.45 points, the RTS index – 4.71 % – to 1027.11 points.

In this paper a number of Russian companies are falling in price even faster. Shares ” Inter RAO ” fell by 12.33 % , “Aeroflot” – by 10.7 % , “Severstal” – by 10.08% , Sberbank – 4.74 %.

Shares of energy companies ” Quadra ” collapsed by more than 24% , then trades with them were transferred to the discrete mode of the auction. Shares of “Mechel” fell 16.25 %.

According to analysts , the indices are moving steadily to the local “bottom” , and the final week is likely to be accompanied by the sales of Russian stocks and the corresponding decline in prices.

” On Friday, the external background worsens after weak macroeconomic indicators on the Chinese economy and reduce the region’s GDP growth forecasts for 2014. In addition, the aggravation of the situation around the Crimea keeps markets in suspense due to the threat of sanctions against Russia by the United States and Europe in the case of a referendum on the annexation of the Crimea to Russia ” , – said Irina Ladygina Probusinessbank analyst .

” The main threat is the potential escalation of the conflict in Ukraine, which may lead to lower benchmark with 1000 points on the MICEX in the coming months ,” – said the asset manager OOO ” Investment House ” Alexander Volyn.