Russia Ukraine war, page-4509

Ah what a shame.
Can't trade the crappy Russian companies anymore lol

Good bye Russian companies on all stock markets woohooo!!!


EXCLUSIVE MSCI says removing Russia from indexes 'natural next step'





LONDON, Feb 28 (Reuters) - Russia's stock market is "uninvestable" after stringent new Western sanctions and central bank curbs on trading, making a removal of Russian listings from indexes a "natural next step", a top executive at equity index provider MSCI said on Monday.
"It would not make a lot of sense for us to continue to include Russian securities if our clients and investors cannot transact in the market," Dimitris Melas, MSCI's head of index research and chair of the Index Policy Committee, told Reuters.

"It is obvious to all of us that the market is very difficult to trade and, in fact, it is uninvestable today."
Financial institutions around the world are winding down or suspending business in Russia, following heavy sanctions by Western governments against Russia in the wake of its military invasion of Ukraine last week. read more