The stock exchange in Russia has been closed for almost a month – from the first days of the war in Ukraine. Now it has reopened, but only partially. Trading in shares of 33 out of 50 companies included in the main MOEX index was resumed. However, it cannot be said that the turnover was completely free, because Russia has banned the sale of shares to foreigners, that is also many funds, and also prohibited the so-called short sale, that is, playing to declines.
–
Russia has reopened the stock exchange, but only partially
This means that many entities, such as foreign funds that would like to sell shares of Russian companies, are still unable to do so.
–
As a result, after the opening, the MOEX index gains approx. 7.5 percent. by 11.00, Gazprom (+15%) and Rosneft (+17%) are also growing. In turn, the Aeroflot airlines, which are 11 percent. in the red.
–
A few days earlier, the Russian central bank resumed trading in ruble-denominated bonds, but that move turned out to be not very successful.
–
See also: Russia will use food as a weapon? The expert comments on a possible crisis
—
—
