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Bargain hunting for bonds in Russia and Ukraine

FT News Briefing

Russian Stocks - What Kind of Investors Are We Talking About?

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Kaney: Stocks jumped 12% when they first opened, but ended up in the day just about four % higher. It's worth bearing in mind that they're still down by a fifth since the invasion started. Foreign investors can't get out yet, and when they can, n pral is the plan thand the money still has to stay in russia if they get out of russian stocks. But it's very clear that certainly no investors that i speak to are going to be looking to rebuild a position in Russian markets any time soon.

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