This is how investors reacted to the conclusion of talks between Putin and Trump.
It should be noted that the meeting took place yesterday, August 15 in Alaska, and was held in a three-on-three format. From Russia also participated Foreign Minister Sergei Lavrov and presidential aide Yuri Ushakov, from the United States – Secretary of State Marco Rubio and special envoy Steve Whitkoff. The meeting lasted almost three hours.
At the end of the summit, Donald Trump said at a press conference that no deal had been reached. At the same time, Trump noted that the conversation was productive. “We made great progress today,” he added.
Officially, the meeting between Vladimir Putin and Donald Trump became known on August 7 – on that day, the growth of the MosBirch index at the peak exceeded 5.5%, and at the end of the main session, the benchmark added 4.4% and closed at 2876.43 points. Since then, the indicator has closed continuously in the green zone for four consecutive sessions. On August 11, IMOEX2 rose above 3,000 points at its high, which was a 3.5-month high.
However, the market then began to correct after the US President called the upcoming talks a trial run, allowing for both positive and negative outcomes. Amid uncertainty about the outcome of the meeting, investors began to sell off securities.
Trump’s statement that he might pull out of the Ukraine negotiations following his meeting with Russian President Vladimir Putin added to the market’s negativity at the beginning of the week.
According to RBC, the Russian stock market rose for most of the day on Friday before the talks began. At the end of the main session, the MosBirch index added 1.17% to 3012.09 points. At the evening session, the IMOEX2 index retreated slightly from its highs amid the talks between the Russian and US presidents and closed slightly lower at 3007.35 points, adding 1.01%.
