The benchmark
The last full trading session in
Prices whipsawed last week when the exchange tentatively reopened for two days of limited trading, with investors allowed to trade only 33 of the
Some restrictions remained in place Monday to prevent another big selloff, including the daily session shortened to four hours and a ban on short-selling, which essentially involves betting on stock prices to go down.
Foreigners also are unable to sell shares until Friday — a restriction
Foreign investors are scrambling to figure out how to cut their Russian holdings in light of the sanctions. Investment analytics company MSCI removed the country from its emerging markets indexes, which are widely followed by fund managers, and dubbed the country's stock market “uninvestable.”
Moscow’s stock exchange is tiny compared with other major ones like the
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