Stock Exchange: Moscow closed sharply (-2.9%), ruble up

At the Milan Beauty Week, the beauty behind the scenes (ANSA)

(ANSA) – MILAN, 04 MAY – Closing down sharply for the Moscow Stock Exchange on the 69th day of the war in Ukraine, after two days of stoppage for the Labor Day. The Moex index lost 2.9% to 2,373 points. The ruble closed higher, trading at 66.5 for one dollar, compared to 70.96 the previous day, and at 70.17 for one euro, compared to 74.78 the day before.

Among the stocks, especially the energy sector, with Novatek (-6.4%), Gazprom (-2.6%), Rosneft (-3.1%), Lukoil (-3.1%), in red the large banks, such as Sberbank (-4.3%), Vtb Bank (-2.5%), but also Yandex (-3.8%), an ICT company that has the largest search engine in Russia, X5 (- 3.2%), the country’s largest food retailer, and Qiwi (-4.7%), in financial and payment services. In the extractive sector badly Polymetal (-2.9%) and in the steel industry Severstal (-1.2%). In contrast to Aeroflot (+ 0.1%), in Lsr construction (+ 0.5%), not Pik (-3.9%). (HANDLE).

Source: Ansa

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