JP Morgan is polling investors on the potential exclusion of Russian debt from its indices, according to Reuters.
Digital currencies have rocketed in value over the last week, with bitcoin having increased in value by more than 13% following sanctions on Russia, a nosedive in the rouble and increased geopolitical uncertainty.
Suspensions expected
Western sanctions and central bank restrictions on trading have made Russia’s stockmarket “uninvestable”, according to information from MSCI obtained by Reuters, making the removal of Russian listings from indices likely.
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