Will the Moscow stock market mostly re-open by the end of May 2022?
16
103Ṁ1838
resolved May 30
Resolved
NO
Per https://www.bloomberg.com/news/articles/2022-03-04/russia-keeps-stock-trading-closed-in-nation-s-longest-shutdown?sref=XTCfYPwP - > The Russian stock market will be closed to trading until at least next Wednesday, marking a record in the country’s modern history, in a continuing bid to stave off the impact of global sanctions for domestic investors. > > The Moscow Exchange said on Friday that trading across all markets will be shut March 5, 7 and 8. Since the Moscow Exchange’s equity trading was last open a week ago, Russian stocks listed in London erased more than 90% of their value before getting suspended, global index providers announced plans to remove the nation’s shares from their indexes and European companies with business exposure to the country lost more than $100 billion in market value. > > ... > > While a rare occasion, countries have halted stock trading in the past due to unusual circumstances. > > The New York Stock Exchange, London Stock Exchange and other bourses were shut in 2001 after the 9/11 attack. Trading in U.S. shares resumed after being closed for four trading days, with the S&P 500 slumping about 5%. > > Egypt’s stock exchange was closed for nearly two months in early 2011 amid protests that toppled President Hosni Mubarak’s 30-year regime. The shutdown followed a drop of 16% in the nation’s equities in just two days. And when the index reopened, the selloff resumed and the index ended up 49% down for that year. Related market with "End of March" deadline: https://manifold.markets/AndyMartin/will-the-moscow-stock-market-mostly Mar 26, 10:08am: re: resolution criteria and definitions of "mostly open", see comments on https://manifold.markets/AndyMartin/will-the-moscow-stock-market-mostly
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