Stock Groups

MSCI says it won’t make previously flagged changes to Russian securities due to sanctions -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILEPHOTO: This illustration of the MSCI logo was taken on June 20, 2017. REUTERS/Thomas White/Illustration

HONG KONG, (Reuters) – MSCI won’t implement any changes to Russian securities it previously announced in its February review. This was due to U.S. sanctions against Russia. The index provider issued a statement Thursday.

MSCI stated that they welcome feedback from participants in the market about the effects of U.S. sanction on investment, and whether or not additional modifications to MSCIindices are necessary or useful “to keep the investability of relevant MSCIindices”.

As part of MSCI’s periodic review process, the changes had been announced earlier in February.

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]