The Moscow stock exchange will stay closed on Monday

Gazprom is down 50% in London https://www.londonstockexchange.com/stock/OGZD/pjsc-gazprom/...

Ruble chart is just incredible with rates hiked to 20% in one day. https://www.tradingview.com/symbols/USDRUB/

Even if could hold everything equal, that rate hike crushes the valuation of the stock market.

The link shows the index page for Ukraine/Russian news. The real link to the story from the post's title is at [0].

[0] https://edition.cnn.com/europe/live-news/ukraine-russia-news...

And by this they mean that https://www.moex.com/ is down, not closed.