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Russia's Moscow Exchange has suspended trading on its stock market. The exchange announced the suspension on Thursday at 8:40 pm local time, citing a "data transmission" issue as the cause of the halt. No specific details were provided about the nature of the problem or when trading would resume. The suspension comes amid a significant rebound in Russian stocks and the ruble, with reports noting that Russian stocks rose 9% today, marking the highest increase since September. Additionally, there are reports that new U.S. sanctions have hit the exchange and its clearing agent, although the specifics are not yet clear.
Fears of a global economic collapse... Moscow Exchange suspends stock trading! They claim it was due to a "data transmission problem". This comes on the same day Russia stocks rose 9%, the highest since September. https://t.co/PbZXglppS2
🇺🇸💔🇷🇺Trouble with Trump-Putin bromance? 💥 Russia suspended trading on the Moscow Stock Exchange after new U.S. sanctions hit the exchange and its clearing agent. ❌📉 🔍 Specifics on why trading was halted weren’t provided but the sanctions suggest direct correlation🚫 https://t.co/tOyaCRMVJl
The Moscow Exchange (MOEX) the principal stock exchange in Russia, suspended trading after a “data transmission” issue, according to the Moscow Exchange group. On a yet unrelated note, the Russian Ruble and stocks have seen a bit of a rebound since U.S. President Donald J.… https://t.co/fFjk5DESCl