Putin says the Russian stock market is just ‘slightly in the red.’ (It’s in its longest losing streak since 2008.)
The Russian stock market is “slightly in the red” but will gradually recover, Russian President Vladimir Putin said at the plenary session of the Eastern Economic Forum. Over the past six months, however, the Moscow Exchange index (IMOEX) has lost more than 22%.
On September 2, 2026, Russian President Vladimir Putin stated at the Eastern Economic Forum that the Russian stock market is "slightly in the red," but that it will slowly recover. Over the past six months, the Moscow Exchange index (IMOEX) has dropped more than 22%. Putin assured that the Russian economy is in a "stable situation," with macroeconomic indicators remaining strong.
He attributed the recent market decline to Russia's anti-inflation policies and the Central Bank's efforts to control inflation. Analysts attribute the decline to high interest rates and geopolitical concerns, as investors favor safer assets over riskier stocks. The debt market has also been volatile, with investors selling government bonds after the Central Bank's June 19 meeting, as the pace of rate cuts did not meet expectations.
The Finance Ministry canceled several OFZ auctions due to market volatility, but the pause in OFZ issuance benefited corporate bond issuances. Overall, Russian investors withdrew substantial funds from bond funds in July, while corporate bond issuances reached an all-time high in August.
Written by urgent.news from Meduza (English)'s reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
