Re:Foreign funds now own 81% of all shares listed on Moscow ...
by axiosgunnar on Monday March 07, 2022 @09:20PM
(#30595747)
What does that mean?
[ Parent
| on HN ]
Re:Foreign funds now own 81% of all shares listed on Moscow ...
by veganhouseDJ on Tuesday March 08, 2022 @09:01AM
(#30599938)
I am pretty sure it means if they open the exchange, it will be the most lopsided market of sell orders ever.
Doesn't seem to be any indication that the markets will open tomorrow.
Nickel market is completely dislocated now https://tradingeconomics.com/commodity/nickel
Who knows how that will reverberate.
Re:Foreign funds now own 81% of all shares listed on Moscow ...
by mateo1 on Monday March 07, 2022 @11:48PM
(#30596549)
Russia lost access to half a trillion in foreign assets but so did foreign owners of Russian assets.
Re:Foreign funds now own 81% of all shares listed on Moscow ...
by wahern on Tuesday March 08, 2022 @12:44AM
(#30596828)
The Reuters article speaks in terms of number of shares, not valuation. According to a Barrons article, "Foreign investors owned about $86 billion of Russian stocks at the end of last year, according to data from the Moscow Exchange." https://www.barrons.com/articles/russian-stocks-frozen-whats...
This is echoed by an FT article, which additionally says that bonds and other securities account for at least another USD $61 billion, rounding things up to USD $150 billion of total securities exposure: https://www.ft.com/content/ff0f0533-ca8f-4e7b-9cd8-28710dcee... The article seems to imply that's a conservative figure, but it's still a far cry from USD $1 trillion.