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The Russian Actives Looked Down More Than Twice in the Current Year

The Russian Actives Looked Down More Than Twice in the Current Year
18.09.2008
Capitalization RTS index for trading session on September, 16 fell more than on 13 billion dollars, is stated in materials of stock exchange. That was the price of "black Tuesday" for share parameter, as a result of which RTS lost more than 11 percent and Moscow Central Stock Exchange - more than 17 percent. Since spring, 2008 when RTS established a historical record capitalization of index fell more than twice: from 220 up to 102 billion dollars.
If on September, 17 RTS is awaiting the next collapse, its capitalization will fall below 100 billion dollars. Total losses of the companies have exceeded a mark in 13 billion dollars, however, exact calculations are unknown yet.
Though the share market in Russia does not render direct influence on real sector, quotations of shares of the largest Russian companies have the most direct relation both to salaries and pensions, as well as to condition of economy as a whole. Really the country has grown poor more than twice and to speak that it means nothing - means simply to make a fool of public.
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