Shares of «Yandex» has dramatically shifted to lower amid a collapse of Facebook

© RIA Novosti / Alexander Wolfparade in fotomontaggi Yandex. Archival photoShares of «Yandex» has dramatically shifted to lower amid a collapse of Facebook© RIA Novosti / Alexander Wolfparade the image Bank

Shares of «Yandex» on the Moscow stock exchange moved sharply to decline amid the ongoing collapse of the securities of Facebook on the NASDAQ, follows from the data of the auction.

By 17.02 GMT shares of «Yandex» has decreased on 0,82%, while during the day they rose in price by 4.5% amid positive report on US GAAP for the second quarter, data from the Moscow exchange.

Shares of Facebook on NASDAQ slid for a second day. At the current moment they lose about 18.5%. On Wednesday, shares of the social network has fallen about 20% against the background of weak reporting, disappointing the market.

Shares of Yandex have responded to the collapse of Facebook as the most liquid securities in the Russian IT sector, experts say.

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