SYDNEY (CU)_Several major economies from the west, including the US, UK, EU and Canada, imposed a wave of sanctions against Russian individuals and entities, including all main banks from the transcontinental nation, putting a damper on investor optimism across the globe. However, the ASX has managed to hold its ground, trading moderately higher, despite some of the major Russian banks being cut off from the SWIFT payment service and the Russian central bank set to be denied access to much of its foreign reserves.
By Monday afternoon, the benchmark ASX 200 index rallied…
