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Russian markets halted for an hour after sharp drop: report

LONDON (MarketWatch) — Trading was suspended on Russian equity markets for an hour early Thursday after another sharp fall in the country’s Micex Index, according to a Bloomberg report. Russian shares were down as much as 9% before the halt was called by regulators, the report added. Shares in emerging markets have continued to suffer as oil prices have dropped back toward $50 a barrel and the global economy has continued to weaken.
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Original post by Forextvblog

This entry was posted on Thursday, November 20th, 2008 at 3:39 am and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.