Russian Stock Market Spikes as Trading Resumes, Not ‘Real Market’ Claims US Adviser

Russian Stock Market Spikes as Trading Resumes, Not ‘Real Market’ Claims US Adviser
People walk past the Central Bank headquarters in Moscow, Russia, on Feb. 11, 2019. Maxim Shemetov/Reuters
|Updated:

Stock trading at the Moscow Exchange partially resumed on Thursday, with the MOEX Russia Index closing the day with gains. The stock market last traded on Feb. 25, a day after Russia invaded Ukraine.

The Bank of Russia had stated on Wednesday that trading activity would restart on Thursday for 33 shares, with the market remaining open between 9:50 a.m. to 2:00 p.m., Moscow time. Short-selling is banned. The MOEX index rallied on Thursday, closing with a 4.37 percent gain.

Naveen Athrappully
Naveen Athrappully
Author
Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
Related Topics