We are now ready to gradually resume trading on the Moscow Exchange

Mercantile.jpg
 
The Moscow stock market being closed for a few weeks may have been caused by Ukraine hackers.

https://www.forbes.com/sites/thomas...aines-cyber-army-responsible/?sh=4df053fb77ca

Well that was pretty dumb of them. Hackers should stick to coding, not market manipulation.

The Moscow exchange will now bounce on re-open after an initial sell-off. It should have remained OPEN during this whole debacle, so the oligarchs could watch their fortunes go down the drain and SELL, SELL, SELL!
 
Well that was pretty dumb of them. Hackers should stick to coding, not market manipulation.

The Moscow exchange will now bounce on re-open after an initial sell-off. It should have remained OPEN during this whole debacle, so the oligarchs could watch their fortunes go down the drain and SELL, SELL, SELL!
Really?

................

“Foreigners accounted for about 48% of the turnover in stocks and bond trading in 2021. After the lifting of restrictions ... there may be a flood of sellers,” he added.
 
Tomorrow, it will be open for just a few minutes only.
Then it will be closed for the rest of the day due to Limit Down.


MOEX Russia index peak was on Oct 2021 @4300.

The latest price was @2470 on 25 Feb 2022, an almost a 100% drop.
 
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Tomorrow, it will be open for just a few minutes only.
Then it will be closed for the rest of the day due to Limit Down.


MOEX Russia index peak was on Oct 2021 @4300.

The latest price was @2470 on 25 Feb 2022, an almost a 100% drop.[/ Items QUOTE]
It sounds like a similar mistake in the retail industry Item wholesales for $50 and retails for $100. Retailer will incorrectly say that his profit margin is 50% while his profit margin is actually 100%.
 
100% drop would be 0.
I've see fools talk about 300% drops. e.g. They buy an item at 100 fully paid and sell it for 25 is a 300% drop. 75/25 = 300% loss which is obviously wrong.
 
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