The Russian stock market ended trading in the red due to increased geopolitical risks amid news of the introduction of partial mobilization in Russia in connection with the situation in Ukraine. On Wednesday, decline in stock indices prevailed in Asia (Japanese Nikkei 225 sank 1.4%, South Korean Kospi – 0.9%, China’s Shanghai Composite – 0.2%, Hong Kong’s Hang Seng fell 1.8%). The Asian Development Bank (ADB) downgraded its economic growth forecast for emerging Asia for 2022-2023 on Wednesday. amid rising global risks. Now GDP is expected to increase by 4.3% this year compared to 5.2% expected in April, next year – by 4.9% against 5.3% earlier. In the meantime, Europe traded in positive territory, while America began trading positively. In the oil market on Wednesday, prices began to decline by the evening. Data from the American Petroleum Institute (API) indicated that U.S. oil inventories rose by 1 million barrels last week after rising by 6 million barrels a week earlier. The Moscow Exchange Index fell by 3.83% and as of 18:50 Moscow time amounted to 2130.71 points. The RTS index fell by 4.10% to 1106.82 points. Source: FINMARKET.RU

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