MOSCOW, July 16. /TASS/. The MOEX Index dropped below 2,025 points during the main trading session for the first time since October 21, 2022, having lost over 4%, according to trading data.

As of 6:13 p.m. Moscow time (3:13 p.m. GMT), the MOEX was down by 4.18% at 2,023.66 points.

By 6:23 p.m. Moscow time (3:23 p.m. GMT), the MOEX Index had narrowed losses to 3.94% as it traded at 2,028.59 points, while the RTS Index was down by 4.39% at 815.97 points.