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Wednesday, September 28, 2022

The Russian stock market will remain closed this week

EconomyThe Russian stock market will remain closed this week

Moscow (Times Of Ocean)- The Russian central bank announced on Saturday it would not open the Moscow Exchange to trading from March 14-18, with the exception of some non-open-market transactions and transactions using the SPFI payment system.

Russia’s Stock market trading suspended on Feb. 28 until further notice.

Russian stock markets will remain closed this week, from Monday through Friday, according to the Moscow Exchange (MOEX).

The MOEX equity market will not resume trading between March 14-18, according to a statement.

Russia’s war on Ukraine on Feb. 24 caused MOEX to plummet 33.3%.

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