Wednesday, October 08, 2008

Economy: Russia suspends trading

The Russian stock market has suspended trading because of falling indexes.

The Moscow Interbank Currency Exchange (MICEX) suspended trading until Friday or regulator's decision as the MICEX index dropped over 10 percent.

The Russian Trading System (RTS) suspended trading for an hour at 11:05 Moscow time (0705 GMT) as the RTS index plunged below 800points
Published by Mike Hitchen, Mike Hitchen Consulting