Russian Stocks Stagnate, but Moscow Exchange Shares Soar
A year and a half after its IPO, MOEX shares are proving to be a rare investor magnet amid the region’s geopolitical uncertainties.
Craig Mellow
July 9, 2014
A stock price index graph shows plunging stock prices on an electronic information screen at the headquarters of the Micex-RTS Moscow Exchange, Russia's benchmark stock index, in Moscow, Russia, on Monday, March 3, 2014. Russia raised its main interest rate the most since 1998 to shore up the economy as concerns that President Vladimir Putin will invade Ukraine sent the ruble tumbling and sparked the biggest stock selloff in five years. Photographer: Andrey Rudakov/Bloomberg
Andrey Rudakov/Bloomberg
