Moscow Exchange Hoping for Over 20 IPOs This Year as Retail Investors Rule
MOSCOW (Reuters) – Moscow Exchange, Russia’s largest bourse, is hoping to see over 20 initial public offerings (IPOs) this year, it said on Wednesday, in a market ruled by retail investors since the exodus of Western capital over the conflict in Ukraine. Russian companies raised only around 140 billion roubles ($1.6 billion) in nine IPOs