Moscow Alternate to renew shares and bond buying and selling in regular mode on Monday -central financial institution By Reuters
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© Reuters. FILE PHOTO: A board with the brand is on show exterior the workplace of the Moscow Alternate within the capital metropolis of Moscow, Russia March 24, 2022. REUTERS/Maxim Shemetov
(Reuters) -The Russian central financial institution mentioned on Saturday that the Moscow Alternate will resume buying and selling on Monday, with Russian shares and bonds in regular mode, albeit for half a day.
It mentioned the buying and selling session will final from 9:50 a.m. till 1:50 p.m. Moscow time (0650-1050 GMT).
The Russian market is progressively reopening and returning to regular after a suspension brought on by sweeping Western sanctions that adopted the start of what Russia calls “a particular operation” in Ukraine on Feb. 24.
Russia partially resumed some inventory buying and selling on Thursday after a close to month-long hiatus. On Friday, shares fell on their second day of buying and selling with losses led by flag service Aeroflot.
Non-residents will nonetheless have to attend, although – they are going to be barred from promoting shares and OFZ rouble bonds till April 1. A ban on quick promoting additionally remained.
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