Wild moves continue for Russian companies with London listings as home market shut

Wild moves continued for Russian companies with secondary listings on the London Stock Exchange, though the moves weren’t entirely negative. Conglomerate Sistema SSA, +82.02% jumped 88% and Sberbank SBER, -7.38% rose 19%, while Lukoil LKOD, -53.41% dropped 27% and Norilsk Nickel MNOD, -45.38% fell 18%. The Central Bank of Russia said it will keep the stock market shut for at least one more day.