The Russian stock market ended the half year with a fall following the collapse of Gazprom

The Russian stock market fell on Thursday following the collapsed securities of Gazprom (-30.5%), whose shareholders decided not to pay record dividends for 2021; this negative news finalized the general decline of the market since the beginning of the year due to the West’s anti-Russian sanctions in connection with Russia’s military operation in Ukraine.

As a result of trading on Thursday, the Moscow Exchange index fell to 2204.85 points (-7.3%), the RTS index – to 1345.01 points (-4.8%); the prices of the majority of „blue chips” on the „Moscow stock exchange” decreased by 7.9%.

The dollar fell to 51.59 rubles (-1.65 rubles).

In the first half of the year, the Moscow Exchange index fell by 41.8%, the RTS index lost 15.7%, and the dollar fell by 23.19 rubles.

Shares of Gazprom fell on Thursday to 207 rubles per share (-30.5%), at a minimum, the price of transactions reached 200 rubles (-32.8%) – the lowest value in more than 2 months – after the news that the annual general meeting shareholders (AGM) decided not to pay dividends for 2021.