Skip to content

Russian Stock Trading to Resume After Record Market Shutdown

  • Trading was halted from Feb. 28 to stave off sanctions’ impact
  • Moscow Exchange to restart trading for 33 stocks on March 24
The Moscow Exchange

The Moscow Exchange

Source: Bloomberg

Updated on

Russia will restart trading in some local equities, ending the nation’s record long shutdown that was meant to shield domestic investors from the impact of tough sanctions over its invasion of Ukraine.

The Moscow Exchange will resume trading in 33 Russian equities, including some of the biggest companies such as Gazprom PJSC and Sberbank PJSC, on March 24 between 9:50 a.m. and 2 p.m. local time, the Bank of Russia said in a statement. A ban on short selling these shares will apply, it said, adding to an earlier restriction on foreigners exiting local equities. Moscow stock trading has been halted from Feb. 28, marking the longest closure in the country’s modern history.