Russia partially lifts the ban on short selling on the stock market

This announcement means that short selling remains prohibited for the vast majority of investors.

The Russian stock and bond markets fully resumed trading earlier this week, despite the shortened trading time frame and numerous restrictions, including the aforementioned ban on short selling.

In addition, non-Russian citizens will have to wait a little longer, as they are prohibited from selling stocks and bonds denominated in OFZ rubles until April 1.

In an earlier announcement on March 23, the Central Bank of Russia also said that trading in blue chips (including state banks Sberbank, VTB and energy companies Rosneft and Gazprom) will take place. from 6:50 a.m. to 11:00 a.m. (GMT).

The Russian market is gradually reopening and returning to a normal state after temporarily shutting down in the face of sweeping Western sanctions against Russia for its military actions in Ukraine.