Thursday, February 24, 2022

Collapse of Russian Stock Market?

 Well....yeah, here at 10:25 AM, Thursday.....the Russian IMOEX situation is dire.

Since opening, they've fallen around 38-percent.

The futures market for the Ruble?  Down by 5-percent (actually sitting at .0116 cents).

The Russia traded index?  Down by 42-percent.

The Russian Sberbank?  Down by 13-percent.

GAZPROM stock?  Down by 12.6-percent.

If I were a Oligarch guy....I'd be a bit disgusted how this occurred.

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