London Stock Exchange Suspends More Trade In Russia Stocks, As Insurers Pull Coverage Over Ukraine

London Stock Exchange Suspends More Trade In Russia Stocks, As Insurers Pull Coverage Over Ukraine
The London Stock Exchange Group offices are seen in the City of London, on Dec. 29, 2017. Toby Melville/Reuters
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The London Stock Exchange (LSE) on Mar. 4, suspended trading on a second round of Russian stocks, because of continuing market deterioration and as some insurers withdrew coverage from exporters due to increasing sanctions over the Russian invasion of Ukraine.

The LSE had earlier suspended trading on Mar. 3 for 27 Russian companies, to prevent investors both buying and selling Russian securities in and out of the country.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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