MOSCOW, November 30. /TASS/. Shares of St. Petersburg Exchange rose by more than 10% in early trading on St. Petersburg Exchange on Thursday, according to trading data. This came after the CEO of the exchange, Sergey Serdyukov, said that it does not plan liquidation or bankruptcy.

As of 10:00 a.m. (07:00 a.m. GMT) shares of St. Petersburg Exchange were up by 10.34% at $1.09 per share. By 10:25 a.m. (07:25 a.m. GMT) shares narrowed gains to 4.83% trading at $1.03 per share.

The exchange’s shares also rose as Thursday trading opened on Moscow Exchange. As of 10:02 a.m. (07:02 a.m. GMT) shares of St. Petersburg Exchange were up by 4.5% at 90.5 rubles per share. By 10:25 a.m. (07:25 a.m. GMT) shares narrowed gains to 2.08% trading at 88.4 rubles per share.

OFAC (the Department of the Treasury's Office of Foreign Assets Control) put St. Petersburg Exchange on the sanctions list on November 2, after which exchange trading in foreign and Russian securities was suspended.