OREANDA-NEWS  By the close of the main trading on Monday, July 7, the Moscow Exchange index had decreased by 1.6 percent. The decline in the Russian stock market is evidenced by trading data.

During the day, the Moscow Stock Exchange index dropped to 2,756.14 points. MTS securities fell the most (minus 13.75 percent), Gazprom (minus 2.89 percent), NLMK (minus 2.82 percent), Severstal (minus 2.75 percent) and MKB (minus 2.66 percent). At the same time, the shares of GC "Mother and Child" (MDMG, plus 0.63 percent), Sovcomflot (plus 0.41 percent) and PhosAgro (plus 0.4 percent) rose in price.

On June 10, the trading platform began calculating and publishing its own bitcoin index with the MOEXBTC code. The calculation uses data on the average price of perpetual futures and swaps for the bitcoin-dollar pair from the four largest crypto exchanges — Binance, Bybit, OKX and Bitget — taking into account the weight of these platforms.

Earlier, Russian Deputy Prime Minister Alexander Novak explained the growth of the Russian stock market due to macroeconomic stability, the predictable policy of the Russian authorities and a decrease in consumer price growth. Inflation control, in particular, Novak stressed, reduces investment risks and increases the attractiveness of assets in the Russian capital market.