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Russian Stock Market Prepares for an Unusual Reopening
- mzs 5y agoAre these even securities anymore? >“There will be an illusion of a working, recovering Russian stock market, even though a huge class of players in the market—foreigners—won’t have the opportunity to sell,” Vladimir Kreyndel, CEO of ETF Consulting, a Moscow firm that advises issuers of exchange-traded funds. edit: https://twitter.com/JakeCordell/status/1506597628645101570 https://twitter.com/JakeCordell/status/1506597628645101570 >Russian stock market will open (partially) tomorrow, for the first time since Feb. 25, Central Bank announces. >Trading shares in 33 of the biggest companies on Moscow Exchange (those that make up the iMoex index) will be allowed. Short selling banned. https://www.cbr.ru/press/pr/?file=23032022_153149SUP_MEAS23032022_143250.htm https://www.cbr.ru/press/pr/?file=23032022_153149SUP_MEAS230...