Reuters, July 2021: ”Foreign funds now own 81% of all shares listed on Moscow Exchange”
I seriously think we’re undermining the repercussions of $MOEX and the heavy sanctions imposed on the market. When Russia’s stock market reopens I fear there will be a lot of liquidity and margin issues.
“Foreign funds held 80.7% of shares freely floated on the stock market as of July 1, the Moscow Exchange’s head of primary markets, Natalia Loginova, told media during a webinar. That was up from 65.6% in 2020, but slightly below 83.3% in 2019.
Loginova said investors from the United States and Canada accounted for 54% of the total, with 22% from the United Kingdom and 21% from the rest of Europe.”
All the countries sanctioning Russia are major stakeholders in Russia’s market.
What is the likely outcome of Russia’s soon to be market sell-off?
Submitted March 06, 2022 at 04:11PM by ZiRoRi
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