Russian Deputy Finance Minister Sergei Storchak does not think that political risks have had any fundamental influence on the Russian stock market. He described the market players’ response to growing political tensions in the country after the parliamentary election as overly emotional.

“I don’t see any investor really working – not profiteering – on the Russian market assessing political risks in any way,” he told journalists.

Storchak acknowledged that there had been several failed attempts to place Russian corporations’ stocks, but said these failures were not related to the political situation.