SPB Exchange has published its annual report: the volume of transactions with shares of foreign companies on the site fell by 70% compared to 2021. Due to sanctions and the blockade of securities, Russian investors lost more than 30 billion rubles in income.
SPB Exchange published a report on its work in 2022 on its website. The exchange is the only platform in Russia for trading shares of foreign companies.
According to the document, the volume of transactions with shares of foreign companies on the SPB Stock Exchange in the year fell by 68.9% compared to 2021 and amounted to $122,190 million. The net profit of the site decreased by 25.1%, adjusted EBITDA , interest, taxes. , depreciation and accumulated amortization) decreased by 14.3%.
About 30.8 billion rubles of all SPB Exchange’s total assets were lost income and payments due to sanctions and securities blocking, the site said. The exchange is working to achieve the release of income and payments to its investors, the press service emphasized.
Earlier, SPB Exchange announced that it would unblock trading in securities of foreign companies operating in Russia. These include Yandex, X5 Group, Ozon, Cyan, TCS Group and others.
Author:
Kirill Bilyk
Source: RB
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