BREAKING: RUS50 plunges over 30%!

7:54 AM 24 February 2022

Launch of the Russian invasion on Ukraine has been condemned by the international community and severe sanctions were promised by the West. A strong negative reaction on the stock markets can be spotted. US and European futures plunged on the news. However, the plunge in US and European futures is nowhere near as big as a sell-off on the Russian stock exchange. An increasing fear of severe sanctions has sent the Russian RTS index (RUS50) into freefall. RUS50 dropped over 30% already today and has been halted recently due to volatility. Calls are made to completely cut Russian financial institutions off the SWIFT system, what would be a massive hit to Russia.

Russian RTS (RUS50) plunges over 30% today and trades below 2020 pandemic lows, following the launch of Russian invasion on Ukraine. The index is trading almost 50% week-to-date lower! Source: xStation5

Start investing today or test a free demo

Open real account TRY DEMO Download mobile app Download mobile app
Xtb logo

Join over 935 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.

Losses can exceed deposits