Moscow’s Stock Exchange said it was “suspending” trading Thursday, hours after President Vladimir Putin announced the beginning of a special military operation in Ukraine.
“Trading on all markets has been suspended. A resumption will be announced later,” it said in a statement on its website.
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The Saint Petersburg Stock Exchange also said it was stopping trading.
“The exchange announces a ban on submitting orders and concluding contracts in all trading modes,” it said in a statement, adding that it will take effect “from 0810 Moscow time,” (0530 GMT).
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