UPDATE: RUSALТs shares rise 11% as US can repeal sanctions - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

UPDATE: RUSALТs shares rise 11% as US can repeal sanctions

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MOSCOW, Jul 23 (PRIME) -- The shares of Russian aluminum giant RUSAL soared 10.84% on the Moscow Exchange as of 10:11 a.m., Moscow time on Monday on the news that the U.S. expects to find an acceptable solution to remove sanctions against the company.

УIТm not going to go into the exact specifics of what those proposals are and where we stand on them, but, yes, if we can find an acceptable solution, that is our objective,Ф Mnuchin said.

The U.S. Treasury imposed sanctions against billionaire Oleg Deripaska and eight companies in which he is a large shareholder, including RUSAL in April, in response to what it called Уmalign activitiesФ by Russia.

The price of global depositary receipts (GDR) of DeripaskaТs En+ rose 8.04% on the Moscow Exchange.

End

23.07.2018 10:28
 
 
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