@ SeekingAlpha"More damaging news keeps flowing in for Russian markets as MSCI (NYSE:MSCI) and FTSE Russell (OTCPK:LDNXF) cut the nation's equities out of their widely-tracked indexes. The decision followed two days of deliberations, in which the "overwhelming majority" involved in the consultation had reported that "the Russian equity market is currently uninvestable." The Moscow Stock Exchange will be closed for the fourth consecutive day on Thursday, while hundreds of millions of dollars in market value of Russia-based stocks and ETFs have already been wiped out in the U.S."
