The London Stock Exchange (LSE) on Mar. 4, suspended trading on a second round of Russian stocks, because of continuing market deterioration and as some insurers withdrew coverage from exporters due to increasing sanctions over the Russian invasion of Ukraine. The LSE had earlier suspended trading on Mar. 3 for 27 Russian companies, to prevent investors both buying and selling Russian securities in and out of the country. Western banks, investors, and insurers have in recent days have been pulling their investments from Russia and halting the provision of services, as more sanctions were placed on Moscow. The governments of the UK, the European Union, and the United States are continuing to roll out more financial sanctions on Russia to prevent its companies from accessing Western markets. Global depositary receipts (GDRs) which represent shares in a foreign company, were no longer accepted for eight Russian stocks including Sistema, Etalon Group, and …