Russia’s stock market resumes with gains on Thursday

Trading was suspended in Moscow Exchange on Feb. 28 after Russia’s war on Ukraine triggered massive sell-off

By Tuba Sahin

ANKARA (AA) - Russia’s stock market on Thursday reopened for limited trading after nearly a month-long hiatus.

Moscow Exchange (MOEX) rose 11% to 2,743 points at 0910 GMT.

Transactions can only be made in 33 stocks, and short selling is prohibited.

MOEX plummeted a whopping 33.3% on Feb. 24 when Russia launched a war on Ukraine.

On Feb. 28, trading was suspended until further notice.


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