HomeEconomyNasdaq to remove shares...

Nasdaq to remove shares of Russian companies from the exchange list

The stock exchange announced plans to delist securities in Yandex and Ozon, as well as Headhunter and Qiwi.

The Nasdaq stock exchange has notified Russian companies Yandex and Ozon that their shares will be delisted. Reuters reported this on March 15.

It was noted that a year ago, the stock exchange suspended trading in the securities of a number of companies operating in Russia due to the invasion of the Russian army in Ukraine.

Yandex and Ozon said they would appeal Nasdaq’s decision. None of them fell under Western sanctions. Restrictions were introduced only in relation to some top managers of Yandex.

The companies also disclosed that online recruiter Headhunter and payment service provider Qiwi have been notified that they have been delisted from Nasdaq.

Often referred to as Russia’s Google, Yandex has struggled to balance domestic pressures with Western pressures and last year sold its news feed and home page to state-controlled rival VKontakte.

Yandex’s holding company, which is registered in the Netherlands, has announced plans to relinquish ownership and control of most of the Yandex Group, including its core revenue-generating businesses.

It was previously reported that the largest crypto exchange Binance closed the possibility for Russian citizens to buy and sell dollars and euros through its p2p service.

Similar facts: how Bucha is shown in Russia and the world

news Correspondent.net on Telegram. Subscribe to our channel Athletistic

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

The President signed the Law on 50% of the Motagrass for Veterans

The President of Ukraine signed a law that reduces the cost of a motorcycle by 50% for veterans and persons with disabilities as a result of the war (No. 4369-IX). .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px;...

GBI was struck by anger, the requirement of short -term reconciliations of SOC without Boytsov’s order

Employees of the State Bureau of Investigations exposed military personnel in the Nikolaev area, who demanded that the military left some of the military in exchange for returning to the service. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height:...