Ukraine war
Moscow Stock Exchange remains closed for the third week in a row
The Moscow stock exchange remains closed for the third week in a row due to the Ukraine war. Photo: Pavel Golovkin/AP/dpa
© dpa-infocom GmbH
Western countries have again decided on sanctions against Russia. The effects on the Moscow stock exchange are not directly apparent – because stock trading is closed again.
Because of the unprecedented sanctions against Russia, the Moscow Stock Exchange remains closed for the third week in a row.
From March 14 to 18 there will be no stock trading, the most important Russian trading center announced on Saturday, according to the Tass agency.
After the last day the Moscow stock exchange was open on February 25, the shares of Russian companies initially lost a lot of value before they were suspended from trading. A number of exchange-traded index funds with Russian stocks are also currently not being traded. In addition, some global index providers such as MSCI want to ban Russian stocks from their indices.
The US, EU, UK and other countries have imposed harsh sanctions over Russia’s war of aggression against Ukraine. Dozens of companies withdrew from Russia, at least temporarily.