Russian Stocks Slide to Lowest Level Since October as Hopes for Ukraine Peace Deal Fade
AI Summary
Russian stocks have declined to their lowest level since October amid fading hopes for a peace deal regarding Ukraine. The MOEX index's 14-week slide surpasses its historic losses from the 2008 financial crisis.
Investment analysts note that the MOEX’s 14-week slide has already surpassed its historic losing streak during the 2008 global financial crisis.