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Moscow Stock Exchange: It will continue selling shares and bonds from Monday

LAST UPDATE: 13:39

Russia’s central bank said today that the Moscow Stock Exchange would continue to sell shares and bonds from Monday, in normal operation, as reported by Reuters.

The central bank said the meeting will last from 9:50 a.m. until 1:50 p.m. Moscow time (8: 50-12: 50 Greek time).

The Russian market is gradually opening up and returning to normal after the suspension caused by the sweeping Western sanctions that followed the launch of the “special operation”, as Russia calls it, in Ukraine on February 24.

Russia partially resumed some stock trading on Thursday after a near-monthly hiatus.

However, as long as they are not residents of Russia they will have to wait further as they will be banned from selling OFZ shares and bonds until April 1. The ban on open sales also remains.

Source: Capital

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