“This is due precisely to the fear of sanctions... First of all, they fear that sanctions will be imposed against the leading companies on which the Russian economy rests, in particular, against the energy sector.

I think there are far more fears than real threats.

I think that all these aggravated contradictions between Russia and the States, NATO countries will be resolved by peaceful diplomatic means, ”Milchakova said.

According to her, it is not yet clear how long this threat will affect the market.

“I think that there will be no further strong collapse, as it was yesterday.

But the market will continue to be highly volatile, some periods of growth are possible, periods of fairly strong falls, ”the expert concluded.

Earlier it was reported that the Russian stock market in the morning trading session continued to fall on the growth of geopolitical risks, the ruble index of the Moscow Exchange with an additional code (iMOEX2) was losing more than 2%.

On January 18, the Moscow Exchange index during trading fell below 3300 points for the first time since February 2021.