Moscow Exchange resumed trading in St. Petersburg Exchange shares after a discrete auction
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Moscow Exchange from 11:00 resumed trading in shares of the St. Petersburg Exchange after a discrete auction. Since the morning, against the backdrop of information about the bankruptcy filing, shares of the St. Petersburg Exchange fell by almost 35%. As of 11:10 St. Petersburg Exchange quotes are decreasing by 9.29%, to 88.9 rubles.
Today, November 27, became known, that the Moscow Arbitration Court registered a statement demanding that PJSC SPB Exchange be declared bankrupt. A representative of the trading platform told Kommersant FM that the exchange did not submit documents to the court.
On November 2, the US Treasury imposed sanctions against the St. Petersburg Exchange. Since November 3, transactions on the trading platform are carried out only with certain Russian securities and shares of the exchange itself.
About the situation with the stock exchange – in the publication “Kommersant” “SPB Exchange has completed the settlement”.
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