Sberbank slump sows panic on Russian markets

14.03.2014 08:42

After a positive opening of the trade session on March 13, the Russian market tried to sustain its growth, but after reaching 1285 points it rolled back down to 1248 points hitting a 3-year low

The MICEX dropped by 2.01% and landed at 1248.56, while the RTS index dropped by 2.02% to 1077. 89 points. Trading volume on the Moscow International Stock Exchange totaled RUB 423.904 billion for the day [around US $11.6 billion]. Continue reading