The FTSE 100 staged a strong recovery on Friday as traders reversed much of the falls seen a day earlier after Russia invaded Ukraine. London’s leading index closed the day up 282.08 points, or 3.91 percent, at 7489.46 in the biggest single-day rise since November 2020—a day that saw Pfizer announce its Covid-19 vaccine was…
FTSE Russell to Remove More China Stocks From Indexes Over US Ban
SHANGHAI—Global index publisher FTSE Russell said it will delete 20 more Chinese companies from its indexes after user feedback on an updated U.S. executive order that bars U.S. investment in companies with alleged ties to China’s military. U.S. President Joe Biden signed the order on June 3 that bans U.S. entities from investing in dozens…
FTSE Russell to Remove More China Stocks From Indexes Over U.S. Ban
SHANGHAI—Global index publisher FTSE Russell said it will delete 20 more Chinese companies from its indexes after user feedback on an updated U.S. executive order that bars U.S. investment in companies with alleged ties to China’s military. U.S. President Joe Biden signed the order on June 3 that bans U.S. entities from investing in dozens…
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