Capitalization of Russian stock market is 2.7 times below value of two US IT companies

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By December 14, 2014 capitalization of the entire Russian shares market totaled $384.9 billion, reported Bloomberg. Value of all Russian companies is below that of Microsoft corporation ($386.6 billion) and Apple ($643.9 billion).

According to Bloomberg, by December 14, 2014 value of all Russian companies totaled $384.9 billion.

By present capitalization of the Russian market will be, possibly, below the market value of Exxon Mobile ($366.7 billion), Berkshire Hathaway ($360.3 billion) and Google ($352.7 billion).

PTC index decline started since early 2014 and reached 50.2%, which is the worst index among the world stock indexes.

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