Boris Blokhin, Director of the Moscow Stock Exchange’s Equity Market Department, said the exchange will develop a pre-IPO platform for companies to raise funds from the over-the-counter market by the end of 2023. He told this to reporters TASS.
He said that after the exchange launched a service to trade non-listed stocks on the over-the-counter market, companies began sending inquiries at an early stage that they wanted to increase equity.
It was previously reported that the Moscow currency index could be announced next week. to reach It is 3180 points. Such an estimate was given to socialbites.ca by BCS Mir Investments stockbroker Dmitry Babin, who commented on the Moscow Stock Exchange index falling to 3132.07 points at Friday’s auction.
According to Babin, the end of the workweek remains a limiting factor for the Russian stock index, with many people avoiding buying or selling securities over the weekend for fear of any risk materializing.
Previously recognizedhow the weakening of the ruble will affect the state of the economy.