Putin downplays Russian market slide as IMOEX hits longest losing streak since 2008

Russian President Putin characterized the Moscow Exchange's decline as 'slightly in the red' despite IMOEX falling over 22% in six months, marking its longest losing streak since 2008. The disconnect between official rhetoric and market data suggests potential underlying economic stress, possibly linked to sanctions or fiscal pressures. The market's sustained decline signals investor concerns, though Putin's comments may aim to manage sentiment.