Russia’s “economic isolation” continues unabated as its invasion of Ukraine continues, as the West may not engage in military operations, but it is tightening its economic sanctions day by day.
The latest measures are the exclusion of Russian stocks from the indexes of Morgan Stanley Capital International (MSCI) and FTSE Russell (a subsidiary of the London Stock Exchange), two companies whose indices trade shares of powerful companies from around the world.
The FTSE Russell said in a statement that from Monday, March 7, the shares of companies listed on the Moscow Stock Exchange will not be included.
For its part, MSCI announced that from next Wednesday, March 9, Russian stocks will not trade in its indexes that record shares in emerging markets.
It should be noted that the managing company of STOXX indices, has announced the same decision, with the difference that the exclusion of Russian stocks from its indices will take effect from March 18. At present, a total of more than 60 shares of Russian companies are traded on the STOXX indices.
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