World
Posted: 1 month ago

Moscow Stock Exchange Reopens After 1-Month Pause

After a month-long closure, the Russian Stock Exchange opened with limited shares available.

According to CNN, investors participated in the "highly restricted" trading sessions. 

In early trading, the MOEX index (ruble-denominated benchmark of the Russian stock market) rose by 10%. As CNN writes, the Central Bank of Russia has banned small sales and investors have no right to sell stocks.

33 rouble securities are traded on the Moscow Stock Exchange, which will last from 9:50 a.m. to 2:00 p.m. Moscow time.