As of 11.40am Moscow time, stocks of Russian Sea fish and seafood producer surged 34.85%; one of the largest agricultural holdings Razgulay jumped 39.87%; GlavTorgProduct stocks rose 35%
Cherkizovo meat manufacturer saw 8.25% stock rise, Ostankino meat processing plant - 18.5%
Meanwhile, the MICEX Index remained unchanged as compared to Thursday closing; the RTS Index dropped 0.7%
The Russian government approved the list of foreign agricultural products on which Russian sanctions are imposed. Thus, the government has fulfilled President Vladimir Putin’s decree of August 6 “On separate special economic measures for ensuring Russia’s security.” The document imposes one-year restrictions on the import of agricultural products from the states that supported anti-Russian sanctions. The decree says that the measures are taken “for the protection of the national interests of the Russian Federation”.