Financial News and Economical Crisis

Today, 21 October, Russia's market is in the red corridor, which underpinned a decrease in oil prices and falling U.S. indices.

correction has affected most of the shares, particularly of paper affected by metallurgical sector, which lost an average of 3,27%. Just the game for a fall are: Polyus Gold (-5.13%), Severstal (- 2,75%), Norilsk Nickel (- 1,67%).

the plus is the telecommunications sector: Rostelecom (2.9%) and systems (9%). As of 15.15 Moscow time the MICEX and RTS indexes continue to decline (-2.16% and -1.74% respectively). Trading volumes were as follows: on MICEX - 39,2 billion rubles. On the RTS - 313.3 million dollars .

The price of London Brent crude is $ 76.56 per barrel (-0.88%), the price of WTI crude oil is $ 78.19 per barrel (-1.18%).

Gold traded at$ 1,053.3 an ounce (-0,5%), platinum - at $ 1,359.9 an ounce (0.27%). Copper is worth $ 6,402.22 per tonne (-0.95%), nickel - $ 18750 per tonne (-0.53%), palladium - $ 335 per troy ounce (-0.79%).

we expect that the market is now closed in the red, although the possible gap up to the end of the trading session.

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