The state of the market in the middle of the day.
The Moscow stock market index fell below 2,500 points. At 11:43 Moscow time, the Russian indicator lost 0.73%, to 2494.77 points.
There are no apparent reasons for the drop in quotes, T-Investments noted.
Earlier, Yaroslav Kabkov, the strategy director of Finam Financial, noted that without the approval of the negotiations between Russia-USA and Ukraine, the market risks quickly returning to 2450-2500 points. Below 2,450 points, the likelihood of a full correction increases, the expert warned.
MGKL shares returned to negative dynamics after a surge in early trading. At 11:48 Moscow time, the company's prices lost 5.3% compared to Sunday and 8.2% compared to Friday's close, to 0.817 rubles per share.
Brent oil prices lost 3.8%, to $109.12, as negotiations between representatives of Iran and Qatar continued for the third day in a row, aimed at reaching an agreement that could end the conflict between the US and Israel with Iran. According to analysts, the quotes are also falling due to a technical correction after their growth last week.
Data: TradingView.