Posts Tagged ‘stock exchanges’

Russian Stock Market Collapses; Trading Halted

Tuesday, February 17, 2009 11:17 5 Comments

The Russian stock market collapsed today, causing the RTS and the Micex stock exchanges to suspend trading for one hour at 4:05 p.m. Moscow time.  The RTS stock index, which is denominated in US dollar,  plunged 9.4%, while the ruble-denominated Micex stock index fell 9.6%. The decline in Russia followed a tumble in oil prices, [...]

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