Turmoil on the Russia-Ukraine border has investors and traders running various scenarios, including worst-case scenarios.
"Russia’s first recorded stock market came into existence in 1810 but shut down in July 1914 at the start of World War I," noted Morgan Stanley's Jonathan Garner. "The stock market reopened for two months in 1917 before shut down again after the 1917 revolution. It did not re-open until January 1992."
Here's a list of some notable stock market shut downs from Garner.
Source:http://www.businessinsider.com/
Not that anyone is saying this is likely today, but a shut down of the Russian stock market
isn't unprecedented.
isn't unprecedented.
"Russia’s first recorded stock market came into existence in 1810 but shut down in July 1914 at the start of World War I," noted Morgan Stanley's Jonathan Garner. "The stock market reopened for two months in 1917 before shut down again after the 1917 revolution. It did not re-open until January 1992."
Here's a list of some notable stock market shut downs from Garner.
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