NYSE, Nasdaq halt trading of Russia-based companies

The halts are considered temporary pending review

The New York Stock Exchange and the Nasdaq MarketSite have temporarily halted trading in select Russian companies listed on their respective exchanges. 

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. 

RUSSIA-UKRAINE: LIVE UPDATES

Ticker Security Last Change Change %
CIAN CIAN PLC 3.32 -0.01 -0.30%
MTL MECHEL PAO 2.235 -0.04 -1.97%
MBT n.a. n.a. n.a. n.a.

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. 

US EFFECTIVELY FREEZES RUSSIAN CENTRAL BANK ASSETS HELD BY

Ticker Security Last Change Change %
YNDX YANDEX NV 18.94 -1.38 -6.79%
OZON OZON HOLDINGS PLC 11.6 -1.03 -8.16%
GDEV GDEV 2.21 0.00 0.00%
QIWI QIWI PLC 5.67 +0.51 +9.88%
HHR HEADHUNTER GROUP PLC 15.03 +0.04 +0.27%

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.

 MOSCOW SUSPENDS STOCK TRADING FOR DAYS

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. 

Ticker Security Last Change Change %
ICE INTERCONTINENTAL EXCHANGE INC. 137.11 -0.76 -0.55%
NDAQ NASDAQ INC. 62.21 +0.86 +1.40%

Officials at the NYSE, which is owned by Intercontinental Exchange, declined to comment. 

Russia's invasion of Ukraine has created extreme volatility across equities and other asset classes including oil and gold. 

GET FOX BUSINESS ON THE GO BY CLICKING HERE