Investors should refrain from excessive emotional reaction and rash transactions, the Moscow Exchange said in a statement.
“Markets are experiencing extraordinary volatility. We advise private investors to refrain from overreacting and, if possible, to refrain from rash transactions. As long-term practice shows, this can negatively affect the financial results of investments,” the report says.
The country’s financial authorities have all the necessary resources and are taking measures to stabilize the situation on the markets, the Moscow Exchange stressed.
Previously, trading in shares on the Moscow Exchange and St. Petersburg Exchange was suspended due to a sharp collapse on Russian stock exchanges. Russian indices during the day reached their lows since 2016.