Russian stocks last traded on the Moscow Exchange on Feb. 25, after which the central bank curbed trading as Western sanctions over events in Ukraine threw markets into turmoil. Most major U.S., European and Asian bourses have suspended trading of Russian stocks and exchange-traded products, following western sanctions imposed in response to Russia’s invasion of Ukraine one month ago. Rusal’s shares slipped on Thursday ahead of partial reopening of trading of stocks on Moscow Exchange later in the day. Onshore trading, amid very thin volumes, the rouble lost a little ground on Thursday, with the dollar climbing 1.55% to 98 roubles per dollar. Non-Russian residents are banned from selling stocks and OFZ rouble treasury bonds. . . .
Read more at www.reuters.com