Russian ban on Western food bears fruit in coronavirus era [Reuters (UK)]
INTL FCSTONE (INTL)
US:NASDAQ Investor Relations:
ir.intlfcstone.com
Company Research
Source: Reuters
Russian ban on Western food bears fruit in coronavirus era - Reuters 5 Min Read MOSCOW (Reuters) - A Russian decision to ban most Western food imports, taken in anger six years ago, is helping Moscow navigate the coronavirus crisis, giving it enough homegrown stocks to withstand panic buying and greater leeway on its agricultural export policy. Russia has so far reported 4,149 cases of the virus and 34 deaths, far fewer than some major western European countries. Moscow imposed a ban on Western cheese, vegetables and dozens of other products in 2014 in retaliation against European Union and U.S. sanctions imposed on it for annexing Ukraine’s Crimea. The Russian counter-sanctions, coupled with a weaker rouble, have helped the domestic food sector flourish, spurring the creation of new food products and producers. Russia cut its food imports to $29.8 billion in 2018, down from $43.3 billion in 2013, according to the agriculture ministry. That repositioning is now coming into its own. Ha
Show less
Read more
Impact Snapshot
Event Time:
INTL
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
INTL 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
INTL alerts
High impacting INTL FCSTONE news events
Weekly update
A roundup of the hottest topics