Moscow exchange index plunges 30% year-to-date as selling pressure intensifies

The MOEX Index has entered a deep bear market, marking its sharpest weekly decline in four years amid persistent outflows and corporate distress.

By Handelsavisen Newsroom · Automated 2026-07-20 18:18 UTC · 1 min read

The Russian stock market has accelerated into a severe downturn, with the benchmark MOEX Index shedding 30% of its value since the start of the year.

The sell-off marks the culmination of a 3.5-month bearish phase that has systematically eroded investor confidence, pushing many major listed companies to historic lows.

75 points, while the dollar-denominated index also posted losses.

Selling pressure remains relentless.

On Thursday alone, the ruble-denominated MOEX Index dropped 1.53% to close at 2,186.75 points, while the dollar-denominated index also posted losses.

This daily decline contributed to the market’s sharpest weekly drop in nearly four years, signaling that the downward trajectory is gaining momentum rather than stabilizing.

The broad-based nature of the decline suggests structural challenges rather than isolated sector weakness.