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Moscow Exchange to resume shares and bond trading in normal mode on Monday -central bank

(Reuters) -The Russian central financial institution stated on Saturday that the Moscow Trade will resume buying and selling on Monday, with Russian shares and bonds in regular mode, albeit for half a day.

It stated the buying and selling session will final from 9:50 a.m. till 1:50 p.m. Moscow time (0650-1050 GMT).

The Russian market is steadily reopening and returning to regular after a suspension brought on by sweeping Western sanctions that adopted the start of what Russia calls “a particular operation” in Ukraine on Feb. 24.

Russia partially resumed some inventory buying and selling on Thursday after a close to month-long hiatus. On Friday, shares fell on their second day of buying and selling with losses led by flag service Aeroflot.

Non-residents will nonetheless have to attend, although – they are going to be barred from promoting shares and OFZ rouble bonds till April 1. A ban on quick promoting additionally remained.

(Reporting by ReutersEditing by Alexander Smith and Frances Kerry)



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