Development of the stock market of the Russian Federation in the conditions of sanctions

This article discusses the problems of the stock market’s development of the Russian Federation under the influence of sanctions of the USA, the European Union and other countries. The relevance of this study currently plays an important role, since sanctions with a certain regularity become an obstacle to the Russian economy. The degree of risk for capital circulating in the stock market forces us to pay more attention to this problem in order to maintain its effectiveness as a market mechanism, to increase attractiveness for investments and its development as a whole. The author gives a generalized description of changes in the main market indicators over a ten-year period and defines the role of restrictive measures in their dynamics. In particular, the main consequences that led to the restrictions are given, and the behavior of stock quotes of a number of industry indices (electricity, oil and gas, telecommunications, banks and finance) is studied. As part of the analysis, the points of view of other authors who have studied the problem of sanctions from other research objects at the stock market level are summarized. In the conclusion, a comparative analysis of industry indices in terms of profitability and sensitivity to sanctions is given as a result, which may be of interest to both professional investors and individuals wishing to diversify their savings.