© Reuters. FILE PHOTO: A board with a logo is displayed outside the offices of the Moscow Exchange in Moscow, Russia March 24, 2022. REUTERS / Maxim Shemetov
(Reuters) – Russia’s central bank on Saturday said the Moscow Exchange would resume trading on Monday, with Russian stocks and bonds in normal mode, albeit for a half-day.
It said the trading session would last from 9:50 a.m. until 1:50 p.m. Moscow time (0650-1050 GMT).
The Russian market is slowly opening up and returning to normal after a pause due to Western sanctions began following what Russia called “a special operation” in Ukraine on February 24. .
Russia partially resumed stock trading on Thursday after a hiatus of nearly a month. On Friday, shares fell for a second day of trading with losses led by airline Aeroflot.
However, non-residents will still have to wait – they will be barred from selling OFZ ruble stocks and bonds until April 1. The short selling ban will also be maintained.
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