Unexpected Suspension Due to Technical Issues

The Moscow Exchange Group (MOEX) made an abrupt decision to suspend trading during the evening session last Thursday at 8:40 pm local time. This drastic measure was taken after the discovery of significant problems with data transmission, as confirmed in an official statement by MOEX.

Market Reaction to International Diplomacy

This suspension follows a day of notable gains for the Russian rouble and stocks, spurred by a phone conversation between United States President Donald Trump and Russian President Vladimir Putin. Their discussion, which centered around achieving peace in Ukraine, had a positive impact on the market earlier in the day. By 1:07 pm ET, the dollar had fallen 3.29% against the Russian rouble, illustrating the market's volatile response to international diplomacy.