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Late-Night Moscow Trading Looms as Winter Time Takes Toll

While Russia’s elimination of its annual winter clock change may be providing the intended health benefits to farmers and milk cows, the move is pushing OAO Moscow Exchange to search for ways to regain lost stock trading.

The exchange is considering extending the market’s close by an hour to 7:40 p.m. Moscow time so there’s more overlap with the U.S. day, giving American investors time to trade in Russia, Chief Executive Officer Alexander Afanasiev said. Russian stocks traded in New York slipped 0.4 percent by 11:12 a.m. while the benchmark Micex Index closed little changed in Moscow.