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Subscriber OnlyMarketsRussian Stocks Plummet in London With Moscow Exchange ShutSberbank depositary receipts fall 74%, Gazprom tumbles 53%Trading of U.S.-listed Russian shares such as Yandex haltedByJoe Easton and Sydney Maki+FollowFebruary 28, 2022, 1:17 PM UTCUpdated onFebruary 28, 2022, 5:18 PM UTCAs Russia canceled trading of stocks in Moscow on Monday, London-listed shares of Russian companies cratered after harsher sanctions were imposed on the country following its invasion of Ukraine.Depositary receipts for Russia’s biggest lender Sberbank of Russia PJSC sank 74%, the most on record, while retailer Magnit PJSC slid 80%. Gas giant Gazprom PJSC dropped 53%.
