Advertisement
Canada markets open in 1 hour 50 minutes

  • S&P/TSX

    21,714.54
    -297.08 (-1.35%)
     

  • S&P 500

    5,035.69
    -80.48 (-1.57%)
     

  • DOW

    37,815.92
    -570.17 (-1.49%)
     

  • CAD/USD

    0.7264
    +0.0003 (+0.04%)
     

  • CRUDE OIL

    80.90
    -1.03 (-1.26%)
     

  • Bitcoin CAD

    79,103.22
    -5,168.20 (-6.13%)
     

  • CMC Crypto 200

    1,239.61
    -99.45 (-7.42%)
     

  • GOLD FUTURES

    2,305.40
    +2.50 (+0.11%)
     

  • RUSSELL 2000

    1,973.91
    -42.12 (-2.09%)
     

  • 10-Yr Bond

    4.6860
    +0.0720 (+1.56%)
     

  • NASDAQ futures

    17,455.50
    -115.75 (-0.66%)
     

  • VOLATILITY

    16.05
    +0.40 (+2.56%)
     

  • FTSE

    8,152.98
    +8.85 (+0.11%)
     

  • NIKKEI 225

    38,274.05
    -131.61 (-0.34%)
     

  • CAD/EUR

    0.6804
    +0.0002 (+0.03%)
     

BlackRock cuts Polymetal stake to 4%

Reuters
A trader works as a screen displays the trading information for BlackRock on the floor of the NYSE in New York

MOSCOW (Reuters) - U.S. fund manager BlackRock reduced its stake in gold miner Polymetal to 4.01% from 7.44% this month, Polymetal said on Tuesday.

BlackRock sold at $3.80 per share, netting about $62 million, it said.

Polymetal shares were down 1.4% to $3.68 on Tuesday on the Astana International Exchange where they moved after the company's Russian business came under Western sanctions.

Polymetal sold its Russian assets to a Siberian gold miner this month.

(Reporting by Anastasia Lyrchikova; writing by Olzhas Auyezov; editing by Jason Neely)