Russia's stock market is seeing a streak of IPOs.
AdvertisementAdvertisementThe Russian IPO market is seeing a streak of firms go public, with vodka makers to gold miners to pawnshop operators selling shares for the first time.
Most of the boom in the Russian stock market is being powered by retail traders, who have plowed cash into the Moscow Exchange.
AdvertisementAdvertisementThat's incentivized all types of firms to make their public market debut.
Western economists have cast doubt over the strength of Russia's stock market, given that foreign inflows and outflows within the Moscow Exchange are frozen.
Persons:
—, Yahuralzoloto
Organizations:
Moscow Exchange, Bloomberg, Service, Retail, Yale
Locations:
Moscow, Russian, Ukraine, Kaluga, Kristal