{"id":125681,"date":"2022-02-28T20:41:21","date_gmt":"2022-02-28T20:41:21","guid":{"rendered":"https:\/\/fin2me.com\/?p=125681"},"modified":"2022-02-28T20:41:21","modified_gmt":"2022-02-28T20:41:21","slug":"nyse-nasdaq-halt-trading-of-russia-based-companies","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/nyse-nasdaq-halt-trading-of-russia-based-companies\/","title":{"rendered":"NYSE, Nasdaq halt trading of Russia-based companies"},"content":{"rendered":"
UBS Managing Director and senior portfolio manager Jason Katz argues the situation overseas and the economic repercussions ‘exacerbates what is already a very challenging position for the Fed.’\u00a0\u00a0<\/p>\n
The New York Stock Exchange and the Nasdaq MarketSite have temporarily halted trading in select Russian companies listed on their respective exchanges. <\/p>\n
Per a notice with the NYSE, the listed companies are Mechel PAO, American Depositary Shares – each representing two ordinary shares – and Mobile TeleSystems Public Joint Stock Company and Cian PLC American Depositary Shares, each representing one ordinary share. <\/p>\n
RUSSIA-UKRAINE: LIVE UPDATES<\/u><\/strong><\/p>\n Sources familiar with exchanges tell FOX Business the halts, which can be used for unusual trading in any security, will allow time for officials to review the fast-moving developments impacting the shares. <\/p>\n US EFFECTIVELY FREEZES RUSSIAN CENTRAL BANK ASSETS HELD BY<\/strong><\/p>\n At the Nasdaq, stocks included are Yandex, known as Russia's Google, and online retailer Ozon, as well as Nexters and QIWI and Head Hunter Group.<\/p>\n MOSCOW SUSPENDS STOCK TRADING FOR DAYS<\/strong><\/p>\n A Nasdaq spokesperson tells FOX Business the companies have been contacted and asked for information material to the ongoing situation between Russia and Ukraine and how it may impact business. <\/p>\n Officials at the NYSE, which is owned by Intercontinental Exchange, declined to comment. <\/p>\n Russia's invasion of Ukraine has created extreme volatility across equities and other asset classes including oil and gold. <\/p>\n GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/p>\n\n\n
\n \nTicker<\/th>\n Security<\/th>\n Last<\/th>\n Change<\/th>\n Change %<\/th>\n<\/tr>\n<\/thead>\n \n CIAN<\/td>\n CIAN PLC<\/td>\n 3.40<\/td>\n +0.09<\/td>\n +2.72%<\/td>\n<\/tr>\n \n MTL<\/td>\n MECHEL OAO<\/td>\n 2.25<\/td>\n -0.05<\/td>\n -2.17%<\/td>\n<\/tr>\n \n MBT<\/td>\n MOBILE TELESYSTEMS<\/td>\n 5.50<\/td>\n -0.52<\/td>\n -8.64%<\/td>\n<\/tr>\n \n <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n
\n \nTicker<\/th>\n Security<\/th>\n Last<\/th>\n Change<\/th>\n Change %<\/th>\n<\/tr>\n<\/thead>\n \n YNDX<\/td>\n YANDEX NV<\/td>\n 18.94<\/td>\n -1.38<\/td>\n -6.79%<\/td>\n<\/tr>\n \n OZON<\/td>\n OZON HOLDINGS PLC<\/td>\n 11.60<\/td>\n -1.03<\/td>\n -8.16%<\/td>\n<\/tr>\n \n GDEV<\/td>\n NEXTERS<\/td>\n 6.38<\/td>\n -0.12<\/td>\n -1.85%<\/td>\n<\/tr>\n \n QIWI<\/td>\n QIWI PLC<\/td>\n 5.67<\/td>\n +0.51<\/td>\n +9.88%<\/td>\n<\/tr>\n \n HHR<\/td>\n HEADHUNTER GROUP PLC<\/td>\n 15.03<\/td>\n +0.04<\/td>\n +0.27%<\/td>\n<\/tr>\n \n <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n
\n \nTicker<\/th>\n Security<\/th>\n Last<\/th>\n Change<\/th>\n Change %<\/th>\n<\/tr>\n<\/thead>\n \n ICE<\/td>\n INTERCONTINENTAL EXCHANGE INC.<\/td>\n 127.32<\/td>\n -1.12<\/td>\n -0.87%<\/td>\n<\/tr>\n \n NDAQ<\/td>\n NASDAQ INC.<\/td>\n 169.90<\/td>\n -2.82<\/td>\n -1.63%<\/td>\n<\/tr>\n \n <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n