5 Mar 2022 13:18

S&P Dow Jones to remove Russian cos from indices on March 9

NEW YORK. March 5 (Interfax) - S&P Dow Jones Indices will remove Russian stocks listed or domiciled in Russia, including those trading via American and Global depositary receipts, from its indices before the open of trading on March 9, the index provider said in a press release.

S&P Dow Jones will also drop Russia from its "emerging market" designation in its markets, instead classifying it as "standalone".