Bloomberg: Russian aluminum company could lose 36% of sales due to sanctions [Yahoo! Finance]
HONG KONG EX&CL UNSP/ADR (HKXCY)
NASDAQ:AMEX Investor Relations:
hkexgroup.com/investor-relations?sc_lang=en
Company Research
Source: Yahoo! Finance
The U.S. and the U.K. banned the supply of new Russian-made metals to global exchanges, including the London Metal Exchange (LME), but these sanctions do not prohibit the sale of metal from producers to traders or consumers. The company estimates that sanctions could affect 1.5 million metric tons of annual sales , compared to its production of 3.8 million metric tons last year and 4.2 million the previous year, an anonymous source told Bloomberg. Rusal may now be forced to reduce production, and Bloomberg's source compared the current situation to the international financial crisis in 2008 that significantly decreased global demand. The company's assessment contradicts Western analysts' previous statements that sanctions on Russian metal production have a limited impact on supply and demand. Buyers still depend on being able to deliver to the LME, and contracts typically allow buyers to walk away if the producer's metals are no longer deliverable. Rusal fears that one of its
Show less
Read more
Impact Snapshot
Event Time:
HKXCY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HKXCY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HKXCY alerts
High impacting HONG KONG EX&CL UNSP/ADR news events
Weekly update
A roundup of the hottest topics
HKXCY
News
- ICSG forecasts copper supply pressures but cautious on demand [Reuters]Reuters
- Global banking regulators target mismanagement in handling risks from clients [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Copper Slips as Chinese Demand Outlook Comes Into Focus [Yahoo! Finance Canada]Yahoo! Finance Canada
- Global banking regulators target mismanagement in handling risks from clients [Yahoo! Finance]Yahoo! Finance
- Global banking regulators target mismanagement in handling risks from clients [Reuters]Reuters