The company’s shares Deripaska fell to a historic low

Акции компании Дерипаски подешевели до исторического минимума

Shares of RUSAL fell by almost 25% on the Hong Kong stock exchange. Previously, its principal owner, Oleg Deripaska fell under US sanctions.

The value of the shares of Russian aluminum company RUSAL businessman Oleg Deripaska declined to a historic low. By Monday morning, April 16, the securities of the company on the Hong Kong stock exchange fell by 24.51% to 1.54 Hong Kong dollar ($0,19), RBC reports.

“In the course of trading shares fell to the lowest value since the IPO in 2010. Then the shares of UC Rusal was placed on 10,8 Hong Kong dollars”, – stated in the message.

We will remind, on 9 April, the Russian stock market collapsed in the face of new U.S. sanctions. There was a sharp depreciation of the ruble. Losses of the Russian oligarchs has reached $16 billion lost businessman Oleg Deripaska for $2 billion, Then the shares of RUSAL have lost nearly half of its value.

Sanctions mean the complete isolation of RUSAL from the American financial system, in connection with which the company announced the possible technical defaults and asked customers to pay in euros.

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