The Moscow Exchange index fell by 2%, erasing approximately 130 billion rubles ($1.6 billion) in market value. This decline came after the conclusion of the recent Putin-Trump meeting, which failed to produce any significant breakthroughs. Analysts suggest that investor uncertainty over potential economic reforms and geopolitical tensions contributed to the market slump.
Market participants are closely monitoring the situation as the Russian government continues to navigate complex international relations and domestic economic challenges. The meeting between Putin and Trump, held in the context of ongoing global economic shifts and political tensions, did not result in any concrete agreements or commitments. This lack of progress has raised concerns among investors about the stability of the Russian market and the broader economic outlook.