UK 21:52 Sunday, 11 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Given the hysteria surrounding the situation in Ukraine over the weekend, the falls in Western-listed Russian names were relatively muted with most being down low single digit percentages on Monday. The exception to this appeared to be FTSE 100 constituent Evraz plc (EVR), the steel producer and coal miner with major operations in Russia and Ukraine. The stock which had closed on Friday at 444p opened at 285p, showing a decline of 159p or 35%. The press was quick to latch on to this “carnage”:
Hello Share Pilers. Do you fancy investing in a steel company? Ok, I sense some resistance here. In recent years the steel industry has suffered. But it’s making a comeback, mainly because many countries, including the USA and Blighty, are committed to building up their roads and other examples of infrastructure...
Hello, Share Finders. Every time Big Donald makes some statement of a financial nature, the Dow slumps. The most recent occasion it happened, he announced new US trade tariffs on steel. However, American shares usually pick up soon afterwards, as they have now.
