Despite Western sanctions against Russia and some of its listed companies. Last year’s profit on the Moscow Stock Exchange was up 29.2% year-on-year.
The Moscow Stock Exchange achieved a net profit of 36.3 billion rubles (approximately $477.8 million) in 2022. 29.2% YoY increase.
Notwithstanding the above Western sanctions against Russia and some of its listed companies. Despite the fact that the parquet was closed for a month after the start of the war in Ukraine.
Gross operating profit (ebitda) increased by 28.4% to 49.7 billion rubles ($654.3 million), according to the stock trading platform that manages Russia’s MOEX and RTS indices.
Marquetry own funds reached 107.33 million rubles ($1.413 billion) and the stock market was debt-free at the end of 2020.
The Moscow Stock Exchange released a limited number of securities on March 24, almost a month after the Central Bank of Russia (BCR) ordered a suspension due to the impact of Western sanctions on Russia’s military offensive in Ukraine. resumed trading.
Four days later, all titles were already trading on MOEX.