The sharp fall of the Moscow Exchange after the decision in favor of non-resident clients from friendly countries

The Moscow Exchange Index fell significantly today, Tuesday, after the decision of the Russian Stock Exchange to allow non-resident clients from friendly countries to trade on the Russian Exchange.

By 15:21 Moscow time, the stock index of shares denominated in MICEX rubles fell by 2.85% to 2420.79 points.

Meanwhile, the exchange index of shares denominated in RTS dollars fell by 2.79% to 1251.53 points following the results of trading.

Based on the decision, from September 12, non-residents of friendly countries, as well as non-residents of Russia, but managed by Russian legal entities or individuals, will be able to conduct transactions on the Russian stock market.

Source: RT

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