(Finance) – After the resumption of trade in Federal Loan Bonds (OFZ), the Moscow Stock Exchange takes another step towards a return to normalcy. The Bank of Russia has indeed decided that from tomorrow, March 24, trading of 33 shares included in the MOEX index will resume 9:50 am to 2:00 pm Moscow time. There will be a short selling ban for these stocks. Trading on the derivatives market for the index and the individual stocks included in it will take place from 10:00 to 14:00 Moscow time as usual.
The MOEX is the leading Russian stock market index of ruble-denominated stocks. Shares on the Moscow Stock Exchange were last traded on February 25th, the day following the Russian invasion of Ukraine. Later, the central bank suspended trading as Western sanctions threw the markets into turmoil.
THE 33 titles affected from the provision are: AFKS, AFLT, ALRS, CBOM, CHMF, DSKY, ENPG, FEES, GAZP, GMKN, HYDR, IRAO, LKOH, MAGN, MGNT, MOEX, MTSS, NLMK, NVTK, PHOR, PIKK, PLZL, ROSN, RTKM, RUAL, SBER, SBERP, SNGS, SNGSP, TATN, TATNP, TRNFP, VTBR.
(Photo: Svetla Bekanova / 123RF)