UNRIF - Stoxx set to pull 61 Russian companies from its indices - FT

Stoxx, which operates Deutsche Boerse's Qontigo indices, plans to remove 61 Russian companies from its indices, the Financial Timesreports, in response to Russia's invasion of Ukraine. The list of companies includes Gazprom (OTCPK:OGZPY -10.9%) (OTCPK:GZPFY +5.4%), Sberbank (OTCPK:SBRCY +11.2%) (OTCPK:AKSJF), Lukoil (OTCPK:LUKOY -24.5%) (OTCPK:LUKFY), Rusal (OTC:UNRIF) and Aeroflot (OTCPK:AERZY). Overseas-listed American and global depositary receipts of Aeroflot, Sberbank (OTCPK:SBRCY), and X5 Retail are also set to taken out of the indices on March 18. The deletions will apply to the Stoxx Eastern Europe 50, which includes 15 Russian stocks, and Stoxx Global 3000. The Moscow Stock Exchange remained closed for a second day after Russia's central bank prohibited foreign investors from selling Russian securities.

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Stoxx set to pull 61 Russian companies from its indices - FT