Global foreign funds boosted the purchase of Russian stocks to more than 80% of all shares trading on the Moscow Exchange in the first half of this year, attracted by higher dividend distributions than in other emerging nations, according to the Moscow Exchange.
Foreign investors’ stake in Russia’s OFZ treasury bonds fell to its lowest level since 2015 in the beginning of this year as a result of U.S. sanctions and rising debt issuance in response to the COVID outbreak, but equities have generally avoided the same outcome, bolstered by higher oil prices in 2021, Reuters reported.
According to Natalia Loginova, …
