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Russian stocks slump in day two of trading after month-long break

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Russian stocks slumped Friday in the second day of trade after a nearly month-long break.

Aeroflot RU:AFLT shares slumped 13%, reeling for a second day, and natural-gas giant Gazprom RU:GAZP lost 7%.Aeroflot RU:AFLT shares slumped 13%, reeling for a second day, and natural-gas giant Gazprom RU:GAZP lost 7%.

Under the new rules in Russia, foreigners are not allowed to sell stocks, and short selling is banned.

 

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