Rusagro shares begin to recover after falling amid founder's arrest

Ahead of the rally, the stock exchange fell 8.74% on March 27, causing Rusagro to lose about 27% of its capitalization in two days. Investors began selling off after reports that Moshkovich, also a billionaire and former senator from the Belgorod region, had been detained and arrested on fraud charges. The court ordered him to be jailed for two months. Despite these developments, the company insists that its operations are continuing as normal.

Experts emphasize that the behavior of the shares will depend on the further development of the situation: both an increase and a further fall in the value of the securities is possible depending on the impact of this news on the holding's business .