Moscow Exchange Index Drops 2.2% at Start of Trading Session

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On the opening of the morning trading session on July 17, the Moscow Exchange Index with an additional code (IMOEX2) dropped by 2.2%, reaching 1,977.85 points, according to trading data as of 7:00 Moscow time.

Later, the Moscow Exchange Index slowed its decline. Market participants attribute this volatility to geopolitical tensions and instability in commodity markets.