Moex Index

The MOEX index rose by 006 but later dropped by 058 to 364872 points at the start of trading at 700 am Moscow time on Thursday. By 0715 Moscow time the index went down by 089 to 3614.

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Other Russian shares including those in the oil and gas food sector and banking sectors were all affected.

. The European Stock indexes were not spared from the uncertainties as they also waivered. The Moscow Exchange Russia Index and RTS Index are capitalization-weighted composite indices calculated based on prices of the most liquid Russian stocks of the largest and dynamically developing Russian issuers with economic activities related to the main sectors of the Russian economy presented on the Exchange. The MOEX index was not the only stock affected by the increasing tensions in Europe.

Russias largest oil company Rosneft saw a price slump of 20 bringing its.

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