The dollar-denominated secondary listings of Russian companies continued to plunge on the London Stock Exchange on Wednesday, as the local Russian stock market remained shut for a third day.
Lukoil LKOD, -97.13% shares dropped 93%, Novatek NVTK, -94.69% dropped 77% and Rosneft Oil ROSN, -69.59% collapsed by 58%. X5 Retail FIVE, +15.28%, however, surged 58%. Sberbank SBER, -94.24%, Russia’s number-one lender, traded as low as a penny.