Russian stock market barely reacts to new EU sanctions
By 12:50 Moscow time, the MOEX index slowed its decline and was at 2849.84 points
MOSCOW, May 20. /TASS/. Russian stock indices barely reacted to new EU sanctions, according to trading data.
As of 12:35 Moscow time, the MOEX index fell by 1.31% to 2,844.91 points, the RTS index was 1,114.5 points (-1.31%). The yuan strengthened against the ruble and amounted to 11.165 (+ 8.6 kopecks).
By 12:50 Moscow time, the MOEX index slowed its decline and was at 2849.84 points (-1.14%), the RTS index - 1116.43 points (-1.14%). Meanwhile, the yuan exchange rate was at 11.161 rubles (+8.2 kopecks).
The EU Foreign Ministers approved the 17th package of sanctions against the Russian Federation, which includes the blacklisting of almost 200 tankers, EU Foreign Minister Kaja Kallas wrote on the X social network. The sanctions also affect several dozen Russian individuals and legal entities.
The UK also expanded the anti-Russian sanctions list by 82 positions.