$PHOR@GS
The London Stock Exchange has suspended trading in a further 27 companies with strong ties to Russia as the impact of sanctions cascades across global financial markets. Before the market opened on Thursday, the LSE said it was suspending trading with immediate effect in more than two dozen companies, including En+, Sberbank, Gazprom, Lukoil and Polyus. The exchange said it was in connection with “events in Ukraine, in light of market conditions, and in order to maintain orderly markets”. Separately, the LSE’s index business, FTSE Russell, said Russian stocks will be deleted from all of its equity indices from the open of trading on March 7.