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Foreigners Banned From Selling Russian Stocks as Market Set for Limited Reopening
US News ^ | 3/23/2022 | Reuters

Posted on 03/23/2022 1:44:21 PM PDT by marcusmaximus

Russia plans to resume some stock trading on Thursday after a near month-long hiatus, with 33 rouble securities to be traded on the Moscow Exchange. Non-residents will have to wait, though - they will be barred from selling stocks and OFZ rouble bonds until April 1.

Trading in blue chips, including state lenders Sberbank and VTB, energy majors Rosneft and Gazprom, will take place between 0650 and 1100 GMT, with short-selling banned, the central bank said on Wednesday.

Russian stocks last traded on the Moscow Exchange on Feb. 25.

(Excerpt) Read more at money.usnews.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events; Russia
KEYWORDS: acanceltoofar; bigrubleinlittleruss; cancellingrussia; haha; hahanelson; izmeneniyeklimata; nelsonapproves; payupsuckers; putin; putinapproves; rgiow; roubles; rubles; russia; russiaapproves; russiagoingitsownway; russianstocks; russiastockmarket; stockmarket; war

1 posted on 03/23/2022 1:44:21 PM PDT by marcusmaximus
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To: marcusmaximus

Abandon the stocks as worthless.


2 posted on 03/23/2022 1:46:33 PM PDT by MercyFlush (I don't follow the science. I follow the money. )
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To: marcusmaximus

One would think that the vaunted Reuters would know how to spell “rubles.”


3 posted on 03/23/2022 1:47:15 PM PDT by Gaffer
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To: marcusmaximus
Mick Jones, Ian McDonald, and Lou Gramm are deeply saddened.


4 posted on 03/23/2022 1:50:54 PM PDT by Yo-Yo (Is the /sarc tag really necessary?)
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To: Yo-Yo

They don’t know what love is.


5 posted on 03/23/2022 1:52:10 PM PDT by marcusmaximus
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To: marcusmaximus
They don’t know what love is.

Well, I'm certainly not going to show them.

6 posted on 03/23/2022 1:55:20 PM PDT by Yo-Yo (Is the /sarc tag really necessary?)
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To: Gaffer

It’s spelled “rubble”.


7 posted on 03/23/2022 2:25:42 PM PDT by DannyTN
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To: DannyTN

That may be its figurative state now but it is ‘ruble.’ :0) At least here in the US. I dunno about those Canuck Reutarians


8 posted on 03/23/2022 2:32:51 PM PDT by Gaffer
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To: MercyFlush

OK to fold Them; NO good to hold them.


9 posted on 03/23/2022 2:48:08 PM PDT by Broker (Truth & Transparency & Equal Justice)
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