Moscow Exchange to resume shares and bond trading in normal mode on Monday

BuyBitcoinswithVisaMcCard
Source - Reuters, It said the trading session will last from 9:50 a.m. until 1:50 p.m. Moscow time (0650-1050 GMT)

March 26 (Reuters) – The Russian central bank said on Saturday that the Moscow Exchange will resume trading on Monday, with Russian shares and bonds in normal mode, albeit for half a day.

It said the trading session will last from 9:50 a.m. until 1:50 p.m. Moscow time (0650-1050 GMT).

The Russian market is gradually reopening and returning to normal after a suspension caused by sweeping Western sanctions that followed the beginning of what Russia calls “a special operation” in Ukraine on Feb. 24.

Russia partially resumed some stock trading on Thursday after a near month-long hiatus. On Friday, stocks fell on their second day of trading (.IMOEX)(.IRTS) with losses led by flag carrier Aeroflot (AFLT.MM).

Non-residents will still have to wait, though – they will be barred from selling stocks and OFZ rouble bonds until April 1. A ban on short selling also remained.

Source – Reuters

Reporting by Reuters Editing by Alexander Smith and Frances Kerry

SacraWolv® Money
CEX.IOmostTrusted

“The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading forex, indices or crypto assets comes with a risk of financial loss.”