Shares of “RUSAL” jumped in trading in Hong Kong at 42%
Shares of “RUSAL” has risen in price at the end of trading in Hong Kong at 42%, Mosberg their growth is 9,37%, as investors continue to react to the possible lifting of us sanctions.
“RUSAL” got to the sanctions list in early April, as the company belongs to businessman Oleg Deripaska, against which personally was introduced to US sanctions. The day before the U.S. Treasury said that the period in which American citizens have to complete all of the deal with RUSAL, has been extended to October 23. And all sanctions against the company can be reduced if Deripaska will cease to be its owner. After news of the sanctions in early April, the collapse in shares of “RUSAL” was 50%.
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