The Poland missile incident provokes market turbulence.
Thursday, November 17, 2022

The Poland missile incident provokes market turbulence.

On November 16, shares in Asian markets fell, and the dollar rose after a rocket fell on Polish territory, AR writes. A similar situation occurred on the Russian stock exchange. MSCI’s Asia-Pacific share index fell 1% on concerns about a potential increase in geopolitical tensions. The Mossbank index fell sharply amid reports of a missile explosion in Poland. The decline on the Russian market began after Poland reported the fall of missiles on its territory. Notable stocks that fell: Sberbank by 4.81%, Gazprom by 4.29%, LUKOIL by 3.34%, NOVATEK by 4.36%, and Yandex by 5.69%. However, Russian prices went up after it became known that US President Joe Biden informed NATO and their G7 partners that yesterday’s explosion in Poland resulted from Ukrainian air defense.

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