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You are here: Home / ukraine subreddit / Russia’s stock market rallies in first day of trading since Ukraine war

Mar 24 2022

Russia’s stock market rallies in first day of trading since Ukraine war

US calls move a ‘Potemkin opening’ with only limited shares available and no foreigners allowed to sell

Russia-Ukraine war: latest updates

Moscow’s stock market rallied after share trading resumed for the first time since the Ukraine invasion began nearly a month ago, although the US dismissed Thursday’s limited reopening as a “charade”.

The market initially rose by more than 11% when a limited, shortened trading session got under way on the Moscow Exchange. But the rally lost some momentum, with the Moex index of blue-chip shares ending the day 4.4% higher, on its first session since 25 February.

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