Moscow Exchange to remain closed through Tuesday

Russia’s stock market plummeted 35% in February from previous month

By Ovunc Kutlu

ANKARA (AA) - Russia’s stock market will continue to suspend trading operations on Monday and Tuesday.

Trading sessions and settlements will both be closed in all Moscow Exchange markets through March 8, according to the Moscow Exchange (MOEX) and Russia’s central bank.

The Bank of Russia said schedule of trading on MOEX for Wednesday will be announced that day on its website before 9:00 a.m. Moscow time (0600 GMT).

Trading on MOEX was suspended until further notice after plummeting a whopping 33.3% on Feb. 24 when Russia launched a war on Ukraine.

MOEX plummeted 35% in February, compared to the previous month.

Kaynak:

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