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MOEXREPO

MOEX Russia Index reopens after one month Short-selling on stocks are banned. Foreign investors can`t sell stocks or OFZ ruble bonds until April 1. i think that is the reason why it went up +4.37% today. The index is now $2578 while in the Covid lockdown it went to $2080. And the world was at peace back then. I don`t see how the price of the index wouldn`t touch the $2080 level again. In fact, if the trading restrictions will be lifted after April 1st, then i think it can go down to $1550 and $1220 eventually.
RUS:IRUSShort
by TopgOptions
MOEX Russia Index Price Target after Ukraine invasion The MOEX Russia Index is the main ruble-denominated benchmark of the Russian stock market. The index was established on 22 September 1997. The number of component stocks is variable, traditionally favored by domestic investors, while foreign investors prefer the RTS Index. The sanctions from the US and EU could lead to a major selloff, $1220 being the price target, which is the strongest support of the index. Looking forward to read your opinion about it.
RUS:IRUSShort
by TopgOptions
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