St. Trading in foreign shares was temporarily suspended on the St. Petersburg Stock Exchange. This was reported by TASS.
According to the agency, SPB Exchange is the only platform for trading foreign securities in the country. At the same time, before the suspension of trading, transactions with foreign stocks were not carried out on the trading platform in broker applications.
Formerly US Treasury expanded sanctions lists Regarding Russia. Approximately 40 people and dozens of legal entities were subject to restrictions.
The blacklist includes Absolut Bank, HCF Bank, Post Bank, RRDB and Russian Standard banks. Additionally, US officials included SPB Exchange, Arctic LNG 2 LLC and AFK Sistema on the SDN list. Being included in the SDN list actually means blocking communication with the dollar system and the USA, that is, banning cooperation and assets. Unionpay cards with approved Russian Standard will stop working abroad as of November 3, according to the bank’s support report.
As of 17:16 Moscow time, St. Shares of the St. Petersburg Stock Exchange fell 4.18% to ₽153.6 following the news of inclusion in the SDN list. At 17:45 Moscow time, the shares continued to fall by 11%, falling below 144₽ per share. Shares of AFK Sistema fell 2.09% to RUB 16.54.
Previously Aven and Friedman they admitted their mistakes.