The Russian attack on Ukraine has weighed heavily on the stock markets in some cases. In Tokyo, the leading index Nikkei 225 closed 1.8 percent lower. The Hang Seng index in Hong Kong SAR fell 3.2 percent and the CSI 300 index, which lists the top 300 mainland China companies, fell 1.9 percent.
The German leading index Dax fell by 4.5 percent to 13,976 points before the market and was thus lower than it had been in 13 months. Investors reacted accordingly with “significant share sales”. This threatens the Dax with what is probably the biggest daily loss since March 2020 – the stock market crash due to the Corona crisis. Meanwhile, the German bond market reacted to Russia’s attack on Ukraine with strong gains. On Thursday morning, the futures contract Euro Bund Future rose by about one percent to 167.64 points.
Bitcoin falls below $35,000
Bitcoin is not immune to losses either: According to Manager Magazin, the price of the oldest and largest cryptocurrency Bitcoin slipped by around 8 percent to below 35,000 US dollars. Ether, the second largest Internet currency by market value, fell by 12 percent to around $2,300. Cardano or Dogecoin were also affected by the price slide.
In addition, there was a price slide on the Moscow stock exchange. On Monday, the important RTS share index of the largest listed companies fell by more than ten percent. The Russian army had recently announced that it had killed five “saboteurs” coming from Ukraine on Russian soil, which Ukraine immediately denied. Prices had already fallen sharply a week ago. The Russian currency, the ruble, has already fallen significantly.