Back to today’s briefing

Story perspectives

Russia's Stock Market Plummets: $23.7 Billion Lost!

4/5/2025

34 5

Summary

Russia's Market Collapse

Russia's stock market plunged dramatically, suffering its worst week in over two years with a staggering loss of $23.7 billion in market value. The MOEX Russia Index plummeted 8.05%, as giants like Sberbank and Gazprom faced steep declines. Analysts are raising alarms about a looming global recession that could further threaten Russia's fragile economy.

Summary

Trump's Tariffs Impact

Oil prices have taken a dramatic dive, plummeting over 10% to a four-year low as President Trump's new tariffs and OPEC+'s surprise production boost shake the market. Brent crude now sits below $65 per barrel, while WTI has dropped to $66.80. Analysts fear this could signal reduced global demand and a looming recession, threatening Russia's economic stability.

History

Historical Context

Russia's recent stock market plunge echoes past crises, notably the 1998 financial collapse. Both events stem from external pressures and internal economic fragility. Analysts warn of a looming global recession, reminiscent of historical downturns that severely impacted Russia's economy, highlighting its vulnerability to global market shifts.

1 of 3

Russia's Market Collapse

Russia's stock market plunged dramatically, suffering its worst week in over two years with a staggering loss of $23.7 billion in market value. The MOEX Russia Index plummeted 8.05%, as giants like Sberbank and Gazprom faced steep declines. Analysts are raising alarms about a looming global recession that could further threaten Russia's fragile economy.

1 / 3