Rusal shares returned to growth
Previously, information appeared that the US could remove the sanctions restrictions from Rusal, if Oleg Deripaska would give up control in the company.
Rusal shares at the opening of trading Tuesday, April 24, on the Hong Kong Stock Exchange rose in price by almost 24% after the announcement of the possibility of lifting the sanctions. This is reported by RIA Novosti with reference to the bidding data.
Rusal's shares went up 23.68%, to 1.88 Hong Kong dollars.
Earlier, US authorities said they could cancel restrictive measures against Rusal if businessman Oleg Deripaska refused to control the company.
Against the backdrop of this information, the shares of the aluminum company returned to growth on the Moscow Stock Exchange.
Recall, April 6, the US introduced new sanctions against seven major Russian businessmen, among whom was Deripaska.
Also under the sanctions were 14 state companies, 17 officials of RF employees, as well as one Russian arms trading company and a related bank.
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