Domino effect: the collapse of the Russian stock exchanges was inevitable

Finansy21-01-2008 The Domino Principle: the collapse of the Russian stock exchanges was inevitable Updated at 19:00 MSK now the Russian market has put a kind of anti-record. Such a sharp drop in equity indices Russia did not know half of the year! On average, 10% lost in the share price of blue chips. RTS Index today "lost" to 7.38%, dropping below the psychological mark of 2000 points, ie, to levels last September. Following the auction, the MICEX index fell 7.47% to close the previous session and reached 1654.83. Over the last 5 trading days of the MICEX and RTS indexes fell by 14,3% and 14,5% respectively. Our players mirror copy the behavior of their foreign colleagues. When will increase? And as we meet the presidential election? World capital markets continue to fall the second week in a row. "The effect of the crowd" - ironically the experts. With a bang Asian markets tumbled, "dropped" Europe. For Asian exchanges Week kicked off with a fall. On fears that the U.S. economy had a recession that will slow the growth in the Asia-Pacific region, the composite index during today's trading slipped to a five-month low. In addition to Thailand and Sri Lanka, falling all the markets in the region.