Thursday, October 11, 2018

European and Russian indexes fell

European and Russian indexes fell after the announcement of sanctions

Today, the stock market in Europe omit the index, the reason for this is called the renewed tensions in Ukraine.





Thus, during European morning trade, DJ Euro Stoxx 50 retreated 0.55%, France's CAC 40 lost 0.52%, while Germany's DAX weakened by 0.33%.


The same bad things in
the financial sector: the French fall
Societe Generale and BNP Paribas - 0.82% and 0.89%
respectively, while Germany's Deutsche Bank - to
0.70%. Italian Intesa Sanpaolo and Unicredit fell
1.09% and 1.64%, respectively, and Spanish
BBVA and Banco Santander lost 0.90% and 1.06%.


And the Russian stock
indexes also fell after the news about
expansion of sanctions by the EU and the US.
Thus, the MICEX index in early trading on the
Moscow Stock Exchange fell by 2.05%, and
RTS index fell by 2.87%.


The largest decline in the
Russian market - quotes Alrosa
(-5.81%), paper Novatek (-5.02%) and "Rosneft"
(-4.91%). The last two were the heroes of the new
sanctions list.



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