The capitalization of the Russian stock market fell below the price of Google
In mid-November, the Russian stock market fell below Apple’s capitalization . In particular, the market capitalization fell to $ 531 billion, while the capitalization of the "apple" company was at that time $ 652 billion.
At the end of December 15, the Russian market groped for a new bottom: $ 338.5 billion . Lower than the capitalization of another IT company - Google.
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This means that, in theory, Google’s shareholders could sell their shares and, instead, buy all Russian companies (that part of the free float).
The Russian stock market is now cheaper than Google ($ 349.2 billion), and less than the market value of ExxonMobil Oil Corporation ($ 368 billion) and investor holding company Warren Buffett Berkshire Hathaway ($ 360 billion).
In total, already five US corporations are worth more than the Russian market. In addition to those mentioned, they include Microsoft.
Of the national states, the Russian stock market is now smaller than the stock market of Belgium ($ 365.1 billion), Indonesia ($ 395.3 billion) and Mexico ($ 422.7 billion).
From the beginning of 2014, the fall in the stock market of the Russian Federation was 56.39%.
Mortgages in Russia have almost died, ruble loans are not issued, and conditions change according to the old ones, IT companies suspend work, car dealers temporarily do not sell cars, railway and air tickets are getting more expensive from today. These are only a few consequences of the collapse of the Russian currency.
There is also good news - buyers from all over the world rushed to Russian stores .
At the end of December 15, the Russian market groped for a new bottom: $ 338.5 billion . Lower than the capitalization of another IT company - Google.
')
This means that, in theory, Google’s shareholders could sell their shares and, instead, buy all Russian companies (that part of the free float).
The Russian stock market is now cheaper than Google ($ 349.2 billion), and less than the market value of ExxonMobil Oil Corporation ($ 368 billion) and investor holding company Warren Buffett Berkshire Hathaway ($ 360 billion).
In total, already five US corporations are worth more than the Russian market. In addition to those mentioned, they include Microsoft.
Of the national states, the Russian stock market is now smaller than the stock market of Belgium ($ 365.1 billion), Indonesia ($ 395.3 billion) and Mexico ($ 422.7 billion).
From the beginning of 2014, the fall in the stock market of the Russian Federation was 56.39%.
Mortgages in Russia have almost died, ruble loans are not issued, and conditions change according to the old ones, IT companies suspend work, car dealers temporarily do not sell cars, railway and air tickets are getting more expensive from today. These are only a few consequences of the collapse of the Russian currency.
There is also good news - buyers from all over the world rushed to Russian stores .
Source: https://habr.com/ru/post/364505/
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